14900 Chadron Avenue

Gardena, CA 90249

About this property

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.

About this property

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.

Features and Additional Information

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$1,875,000 Active
7,460 SQFT

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Sperry Van Ness 310-979-0800
1-310-979-0800
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Area Information

111 Bodger Park | El Camino | Los Angeles County |

$ 1,875,000
This listing is play_arrow 108.8% higher than the average in the area
$ 898,000 in the area
7,460 SqFt
This listing is play_arrow 342.2% larger than the average in the area
1,687 SqFt in the area
$ 251 $/SqFt
This listing is play_arrow 52.8% less than the average in the area
$ 532 $/SqFt in the area
96 days on site
This listing is play_arrow 68.4% above the average in the area
57 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By Daniel Baird
Brokerage: Sperry Van Ness 310-979-0800

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