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.
Mls | 24436959 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1946 |
Days On Site | 96 |
Listing Provided By | Sperry Van Ness 310-979-0800 | Daniel Baird |
Beds | 16 |
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Baths | 8 |
Sq Feet | 7,460 |
Storys | 2 |
Units | 8 |
Buildings | 2 |
Zoning | LCR3YY |
Acreage | 0.31 |
State | CA |
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County | Los Angeles |
City | Gardena |
Zip Code | 90249 |
Area | 111 Bodger Park | El Camino |
Listing VS Median (in 90249) | |
Price: $1,875,000 low | high Med: $898,000 SqFt: 7,460 low | high Med: 1,687 $ / SqFt: $251 low | high Med: $532 On Site: 96 low | high Med: 57.000000 |