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$1,875,000
Est. payment /mo
16 Beds
8 Baths
7,460 SqFt
UPDATED:
12/05/2024 04:35 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,460 sqft
Price per Sqft $251
MLS Listing ID 24436959
Bedrooms 16
HOA Y/N No
Year Built 1946
Lot Size 0.307 Acres
Property 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. Additional value lies in the potential to build 2 ADUs by-right, subject to buyer verification. **Under LA County jurisdiction NOT Gardena.
Location
State CA
County Los Angeles
Area 111 - Bodger Park/El Camino
Zoning LCR3YY
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Disposal
Exterior
Parking Features Covered
Total Parking Spaces 12
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4071017001
Special Listing Condition Standard
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Listed by Daniel Baird • Sperry Van Ness
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960