SOLD
$7,050,000
Date 09/06/2023

14715 Chadron Avenue
Gardena, CA 90249

Mixed Use
Residence
20,480
Sqft
0.7172
Lot Size
Listing Agent: Larson Harley CalDRE: 02045736 - Lyon Stahl Investment Real Estate, Inc.
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.
SB23084338
Mixed Use, 2 Story
Los Angeles
1959
0.7172 Acres
Public
2
Public Sewer
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Listing Agent: Larson Harley CalDRE: 02045736 - Lyon Stahl Investment Real Estate, Inc.
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