Sold

14715 Chadron AVE

GARDENA CA, 90249

$7,050,000


$344.24 per sqft

Sold

18 Beds

11 Baths

20,480 sqft

Residential

Built in 1959

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.

SB23084338MR

MLS ID

May 16, 2023

Listed

May 9, 2024

Updated

Map

14715 Chadron AVE
GARDENA CA, 90249

Interior Features

Total Stories

2


Bedrooms

18


Total Bathrooms

11


Laundry Description

Dryer, Dryer Included, Laundry Area, Washer, Washer Included


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.72 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Bodger Park/El Camino Village


Days on Market

91


Garage

No


Parking Total

32


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LCR3YY

Listing History

Date

Event

Price

9/7/2023

Price Change

$7,050,000

-12%

9/7/2023

Sold

$7,050,000

Listed by Larson Harley with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 949-933-1112 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Anastasiya Richards | CA DRE# 01973283 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/9/2024

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