$7,050,000Sold Price
20,480 Sqft
31,240 Sqft

14715 Chadron Avenue, Gardena CA 90249

  • Commercial Sale Property Type
  • 1959 Year Built
Property Description

We are pleased to present 14715-14719 Chadron Ave, Gardena. This turn-key asset consists of 32 units with (16) 2-bed/1-bath units and (16) 1-bed/1-bath units. One of the 1-bedroom units can be delivered vacant at closing. All of the units have been renovated with new floors, kitchens, bathrooms, and stainless steel appliances. The building has extensive capital improvements including new landscaping, exterior renovations, copper plumbing, electrical upgrades, new water heaters, and a newer roof. There are two laundry rooms on-site generating additional monthly income, along with 32 covered parking spaces in the rear. Situated on a large 31,240 SF lot, the 20,480 SF building is currently operating at a 5.42% CAP rate and 11 GRM based on actual 2022 and T12 financials. Located less than a mile from El Camino College with easy freeway access, this is an ideal opportunity for a yield-focused investor seeking growth, stability, and a hedge against inflation.

Basic Details
Commercial Sale
Other
Sold
CRSB23084338
$8,000,000
91
20,480 Sqft
1959
31,240 Sqft
0.72 Acre
Closed
Features
Public Sewer
: Dryer
: Dryer, Washer, Other
: Other
Address Map
CA
Los Angeles
Gardena
90249
Chadron Avenue
14715
W119° 41' 40.9''
N33° 53' 46.9''
LCR3
Chadron and W 147th in between
Additional Info
Lyon Stahl Investment Real Estate, Inc.
Larson Harley
larson@lyonstahl.com
Sold
Public
For Sale
Price History
09/06/2023
$7,050,000
06/21/2023
05/16/2023
$8,995,000
$8,500,000
Listing Information
2023-09-06T22:19:25Z
BayEast
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    Agent info
    Sriram Akella
    Realty++
    Mallik Reddy Kesari
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    Mallik@rRealtyplusplus.com (510) 299-6629