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14715 Chadron Avenue, Gardena, CA 90249
$7,050,000
14715 Chadron Avenue, Gardena, CA 90249View this property at 14715 Chadron Avenue, Gardena, CA 90249
14715 Chadron AvenueGardenaCA90249
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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.
Full Property Details
Full Property Details for 14715 Chadron Ave
General
- Sold For: $7,050,000
- Status: Closed
- Type: Multi-Family
- MLS ID: SB23084338
- Added to Site: 383 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area, Dryer Included, Washer Included
Additional Information
- Pool Description: None
Location
- Area: 111 - Bodger Park/El Camino
- County: Los Angeles
- Development Name: 111 - Bodger Park/El Camino
- Driving Directions: Chadron and W 147th in between Rosecrans and Marine.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 32
- # Electric Meters: 32
Structural Information
- Entry Location: Front Gate
- Square Feet: 20,480
- Year Built: 1959
Unit Information
Unit 1
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 5
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 8
- Number of Units: 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 9
- Number of Units: 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 10
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.7172
- Lot Size Source: Assessor
- Zoning: LCR3YY
- Lot Description: Landscaped, Lot 20000-39999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $344.24
- Price Per Unit: 250000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Larson Harley
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Schools
Schools serving 14715 Chadron Ave
School Districts:Lawndale Elementary School District, Centinela Valley Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
3533 Marine Ave, Lawndale, CA 90260 | 3-6 | 0.3 mi | |
4110 W 154th St, Lawndale, CA 90260 | 6-8 | 1.1 mi | |
4118 Rosecrans Ave, Lawndale, CA 90260 | 9-12 | 1 mi | |
14901 Inglewood Ave, Lawndale, CA 90260 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14715 Chadron Ave
Date
Details
Price
Change
Source
9/06/2023
Sold
$7,050,000
-11.88%
MLS
8/10/2023
Price Reduced
$8,000,000
-5.88%
MLS
6/29/2023
Price Reduced
$8,500,000
-3.95%
MLS
5/31/2023
Price Reduced
$8,850,000
-1.61%
MLS
5/16/2023
Listed
$8,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
14715 Chadron Avenue, Gardena, CA 90249 (MLS# SB23084338) is a Multi-Family property that was sold at $7,050,000 on September 06, 2023. Want to learn more about 14715 Chadron Avenue? Do you have questions about finding other Multi-Family real estate for sale in Gardena? You can browse all Gardena real estate or contact a Coldwell Banker agent to request more information.