Gardena, CA 90249,14715 Chadron AVE
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Gardena, CA 90249,14715 Chadron AVE
Gardena, CA 90249,14715 Chadron AVE
Gardena, CA 90249,14715 Chadron AVE
Gardena, CA 90249,14715 Chadron AVE

$8,000,000

Est. payment /mo
Est.Price: ?

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14715 Chadron AVE Gardena, CA 90249

20,480 SqFt

SOLD DATE : 09/06/2023

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 20,480 sqft

Price per Sqft $344

MLS Listing ID SB23084338

Year Built 1959

Lot Size 0.717 Acres

Property Description

We are pleased to present 14715-14719 Chadron Ave, Gardena. This turn-key asset consists of 32 units with (16) 2-bed/1-bath units and (16) 1-bed/1-bath units. One of the 1-bedroom units can be delivered vacant at closing. All of the units have been renovated with new floors, kitchens, bathrooms, and stainless steel appliances. The building has extensive capital improvements including new landscaping, exterior renovations, copper plumbing, electrical upgrades, new water heaters, and a newer roof. There are two laundry rooms on-site generating additional monthly income, along with 32 covered parking spaces in the rear. Situated on a large 31,240 SF lot, the 20,480 SF building is currently operating at a 5.42% CAP rate and 11 GRM based on actual 2022 and T12 financials. Located less than a mile from El Camino College with easy freeway access, this is an ideal opportunity for a yield-focused investor seeking growth, stability, and a hedge against inflation.

Location

State CA

County Los Angeles

Area 111 - Bodger Park/El Camino

Zoning LCR3YY

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Laundry Common Area

Exterior

Pool None

Community Features Sidewalks

Building

Lot Description Landscaped

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc.
Bought with Larson Harley • Lyon Stahl Investment Real Estate, Inc.

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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