14715 Chadron Avenue
$7,795,000
3
32
20,480
20,480
$381
Description
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...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.
- Listed by Larson Harley • DRE #02045736 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 949-933-1112
Property Details for 14715 Chadron Avenue
Parking Spaces Total
32
Private PoolNo
Total Units32.0
Building TypeAttached
Lot Size SourceAssessor
Living Area20480
Assessor Parcel Number4071-015-018
Property Attached YNtrue
LISTING UPDATED: 11/11/2024 10:10 AM
Property Details for 14715 Chadron Avenue
Status | Active |
---|---|
MLS # | SB24204798 |
Days on Market | 50 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1959 |
Lot Size | 0.72 AC / 31,248 SF |
County | Los Angeles County |
Building Information for 14715 Chadron Avenue
Stories2Residences-Year Built1959Building Size-Lot Size0.72 AC / 31,248 SF
Property Information for 14715 Chadron Avenue
Property History for 14715 Chadron Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 14715 Chadron Avenue
Taxable ValueLand$5,050,000Additions$2,030,400Total$7,080,400
Tax Record2024$98,056 ($8,171 / month)
Home Facts
Total Finished SqFt20,480 SqFtAbove Grade Finished SqFt20,480 SqFtLot Size31,240 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLCR3YYCountyLOS ANGELESAPN4071-015-018
Schools near 14715 Chadron Avenue
This home is within Lawndale Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
F. D. Roosevelt Elementary School PublicK to 5 | ||
Will Rogers Middle School Public6 to 8 | ||
Lawndale High School Public9 to 12 | ||
Leuzinger High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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