We are pleased to present 16928 Berendo Ave, a well-positioned 4-unit investment opportunity consisting of 3 legal units and 1 non-conforming unit. The property features a large standalone 3-bedroom, 1-bathroom front house, providing a highly desirable layout for an owner-user or the ability to achieve premium rental income. The remaining units are located in the rear, allowing for a functional separation between living and income-producing components. The property offers strong owner-user appeal, with the ability to live in the front house while collecting income from the rear units to offset the mortgage. Additionally, property is well parked with a total of 5 parking spots. Priced to sell at a 12.13 GRM and 5.05% cap rate, the property is positioned competitively relative to current on-market comparables, offering investors attractive in-place returns with the potential for future growth. For more information, please reach out.
AGENT: Jonathan Weir LISTING BROKERAGE: Marcus & Millichap
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 16928 S Berendo AV
Gardena, CA
Property Details
Price:
$1,150,000
MLS #:
26832381
Status:
Active
Beds:
8
Baths:
4
Type:
Single Family
Neighborhood:
119centralgardena
Listed Date:
May 11, 2026
Finished Sq Ft:
3,143
Total Sq Ft:
3,143
Lot Size:
6,754 sqft / 0.16 acres (approx)
Year Built:
1949
119 – Central Gardena119centralgardena
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Schools
Interior
Appliances
GD, RF
Cooling
NO
Heating
WL
Levels
U
Exterior
Attached Garage YN
1
Parking Spots
5
Parking Total
5
Financial
Gross Operating Income
$94,788
Net Operating Income
$58,065
Map
Community
- Address16928 S Berendo AV Gardena CA
- CityGardena
- CountyLos Angeles
- Zip Code90247
