14900 Chadron Avenue
Gardena, CA 90249
7460 sqft | 16 beds | 0.31 acres | #24436959
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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$1,875,000
- MLS #24436959
- MLS #24436959
- Cost1875000
- Acres0.3075
- Square Feet7460
- Year Built1946
- Bedrooms16
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Daniel Baird (#CLW-X60674)
Listing Office: Sperry Van Ness (#CLW-X75252)
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