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14715 Chadron Avenue

Gardena, CA 90249

– beds
– baths
– sqft
~3/4 acre lot
1959 build
– on site

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 CRMLS_CA / Larson Harley / Lyon Stahl Investment Real Estate, Inc. / 949-933-1112

Last checked: Checking… • Last updated Nov 12, 2024 •

MLS# SB24204798 —

The Building

Year Built:

1959
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

20480.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

32
Stories Total:

2
# of Separate Gas Meters:

32
# of Separate Water Meters:

1
# of Separate Electric Meters:

32

Interior

Entry Location:

Front
Laundry:

Common Area, Dryer Included, Washer Included
Laundry:

1

Location

Directions:

Chadron and W 147th in between Rosecrans and Marine
Latitude:

33.89777300
Longitude:

-118.32923600

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

LCR3YY
Lot Features:

Lot 20000-39999 Sqft
Lot Size Area:

31248.0000
Lot Size Acres:

0.7174
Lot Size SqFt:

31248.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

6037.06
Tax Tract:

993
Tax Lot:

161

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4071015018

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Curbs, Gutters, Sidewalks, Storm Drains
Pool:

None
Private Pool:

No

Parking

Parking Spaces:

32.00
Carport Spaces:

32.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/5/24 Nov 5, 2024	Price Changed	CRMLS_CA	$7,795,000	-2.5%
10/2/24 Oct 2, 2024	Listed / Active	CRMLS_CA	$7,995,000	13.4% (12.5% / YR)
9/6/23 Sep 6, 2023		CRMLS_CA	$7,050,000	-11.9%

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This multifamily located in South Bay, Hawthorne, CA 90249 is currently for sale for $7,795,000. 14715 Chadron Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 53 days. 14715 Chadron Avenue is in the South Bay neighborhood of Hawthorne and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of F. D. Roosevelt Elementary School, Will Rogers Middle School, Lawndale High School, and Leuzinger High School.

Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 10:11 on Nov 24.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.