14900 Chadron Avenue

Gardena, CA 90249

$1,875,000
Price
16
Beds
8
Baths
7,460 Sq. Ft.
$251 / Sq. Ft.
7,460
Sq. Ft.
$251
per Sq. Ft.

Description

14900-14902 Chadron Ave. in Gardena offers a prime investment opportunity at $1,875,000. Built in 1946, the property features 8 spacious 2-bedroom units, each about 933 SF, with 12 covered parking spaces. It is separately metered for gas and electric, master metered for water, and has had recent upgrades, including a new roof on the front building and partial copper piping. The property falls under LA County rent control, currently at a 6.7% CAP rate, 15% rent growth potential, and low vacancy rates....14900-14902 Chadron Ave. in Gardena offers a prime investment opportunity at $1,875,000. Built in 1946, the property features 8 spacious 2-bedroom units, each about 933 SF, with 12 covered parking spaces. It is separately metered for gas and electric, master metered for water, and has had recent upgrades, including a new roof on the front building and partial copper piping. The property falls under LA County rent control, currently at a 6.7% CAP rate, 15% rent growth potential, and low vacancy rates. Additional value lies in the potential to build 2 ADUs by-right, subject to buyer verification. Under LA County jurisdiction NOT Gardena.
  1. Listed by Daniel Baird • DRE #01249675 • Brokerage DRE #01249675 • Sperry Van Ness

Property Details for 14900 Chadron Avenue

Zoning
LCR3YY
Parcel Number
4071017001
Total Units
8.0
Living Area
7460
Source Living Area
Vendor Enhanced
Area
Bodger Park/El Camino Village (111)
Vacancy Rate
3
Lot Size Area
13394
LISTING UPDATED: 10/11/2024 10:44 AM

Property Details for 14900 Chadron Avenue

StatusActive
MLS #24-436959
Days on Market106
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.31 AC / 13,394 SF
CountyLos Angeles County

Building Information for 14900 Chadron Avenue

Stories2Residences-Year Built1946Building Size-Lot Size0.31 AC / 13,394 SF

Property Information for 14900 Chadron Avenue

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: For Rent
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Entry Only
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $186,052
  • Net Operating Income: $125,801.00
  • Gross Income: $190,260
  • Cap Rate: 6.70%
  • Gross Rent Multiplier: $10.14
  • Total Annual Expense: 60251
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3075
  • Lot Size Square Feet: 13394
  • Lot Size Dimensions: 46x297
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 12
  • Parking Features: Covered
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall Unit(s), Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Garbage Disposal
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-06-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,895.00
  • Unit Actual Rent: $1,895.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,995.00
  • Unit Actual Rent: $5,985.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 3
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,725.00
  • Unit Actual Rent: $1,725.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,200.00
  • Unit Actual Rent: $4,400.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 2
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,850.00
  • Unit Actual Rent: $1,850.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,002,849.00
  • Assessed Improvement Percent: 52.91
  • Assessed Land Value: $892,414.00
  • Assessed Land Percent: 47.09
  • Assessed Total Value: $1,895,263.00

Property History for 14900 Chadron Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14900 Chadron Avenue

Taxable ValueLand$910,262Additions$1,022,905Total$1,933,167
Tax Record2024$27,070 ($2,256 / month)
Home Facts
Total Finished SqFt7,460 SqFtAbove Grade Finished SqFt7,460 SqFtLot Size13,390 SqFtStyleMulti-Family Res (5+ Units)Year Built1946ZoningLCR3YYCountyLOS ANGELESAPN4071-017-001

Schools near 14900 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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14900 Chadron Avenue is a multi-family home for sale in Gardena, CA 90249. This property was listed for sale on September 6, 2024 by Sperry Van Ness, it's currently listed at $1,875,000. It has been on the market for a total of 106 days and was last sold on January 17, 2017. This listing's school districts are Lawndale Elementary School District, Centinela Valley Union High School District. Nearby schools include F. D. Roosevelt Elementary School, Will Rogers Middle School and Lawndale High School. 14900 Chadron Avenue is a 16-bed, 8-bath, 7,460 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sperry Van Ness, Daniel Baird, DRE #01249675

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.