14715 Chadron Avenue, Gardena, CA 90249

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32 Beds

n/a Full bath

20,480SqFt

Pending

We are pleased to present 14715-14719 Chadron Ave, Gardena. This trophy 32-unit property consists of 50% 1-bedroom/1-bath units and 50% 2-bedroom/1-bath units with 32 covered parking spaces. Based on actual expenses, the property is operating over a 6.2% CAP rate and is being offered for under $245,000/Unit. There are two identical 16-unit buildings each with their own laundry room and new 100-gallon water heaters. Separately metered for gas and electricity, this stabilized asset generates an additional $2,000/month in RUBS reimbursement income along with $300/month in laundry income. The building has extensive capital improvements: copper plumbing, drought-resistant landscaping, electrical upgrades, modernized facade, and a gated perimeter. The interior of all units has been renovated with new floors, kitchens, bathrooms, and stainless steel appliances. Conveniently located in the South Bay, the subject property is less than a mile from El Camino College with easy freeway access. Offered at almost a 5% cash-on-cash return and over a 6.2% CAP rate, this is an excellent opportunity for a yield-focused investor seeking growth and stability in a gentrifying area.

Property Details
Price $7,795,000
Bedrooms 32
Lot Size Area 31248
Lot Size Area Units Square Feet
Acres 0.7174
Property Type MultiFamily
Sub type SingleFamilyResidence
MLS Sub type Commercial/Residential
Stories 2
Exterior Features Curbs,Gutters,Sidewalks,Storm Drains
Year Built 1959
Heating Wall Furnace
Lot Description Lot 20000-39999 Sqft
Laundry Features Common Area,Dryer Included,Washer Included
Pool features None
Parking Spaces 32
Garage spaces 0
Geographic Data
Directions Chadron and W 147th in between Rosecrans and Marine
County Los Angeles
Latitude 33.897773
Longitude -118.329236
Market Area 111 - Bodger Park/El Camino
Address Information
Address 14715 Chadron Avenue, Gardena, CA 90249
Postal Code 90249
City Gardena
State CA
Country United States
Listing Information
Listing Office Lyon Stahl Investment Real Estate, Inc.
Listing Agent Larson Harley
Listing Agent Phone 949-933-1112
Attribution Contact 949-933-1112
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
MLS Information
Days on market 58
MLS Status Pending
Listing Date Oct 2, 2024
Listing Last Modified Jan 21, 2025
Tax ID 4071015018
MLS Area 111 - Bodger Park/El Camino
MLS # SB24204798

This information is believed to be accurate, but without any warranty.

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