14900 Chadron Avenue

Gardena, CA 90249

$1,875,000

List Price

16

bed Beds

8

shower Baths

7,460 sqft

straighten / sqft

1946

calendar_month Built

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 6.4% 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.

Listing Information

List Price $1,875,000
Status Active
MLS 24436959
Type Residential Income
Year Built 1946
Lot Size 13,394
Structure Size 7,460
DOM 8
Courtesy Of Sperry Van Ness
Listing Agent Daniel Baird DRE#01249675

Interior Features

Total Bedroom
Bedrooms 16
Total Bathroom
Bathrooms 8
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Daniel Baird, Sperry Van Ness . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 14th, 2024 at 12:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.