14715-14719 Chadron Ave - Apartments FOR SALE


Gardena, CA 90249
$8,150,000 USD
213-864-2862
14715-14719 Chadron Ave, Gardena, CA for Sale
$8,150,000 USD
Apartments - FOR SALE
1/17
null | 6.63% Cap Rate

14715-14719 Chadron Ave
Gardena, CA 90249


HIGHLIGHTS

  • 6.63% Actual CAP | 9.57 GIM
  • Turnkey Property with 100% Upgraded Units
  • (16) 2 Bedroom / 1 Bath and (16) 1 Bedroom / 1 Bath
  • Huge 31,240 Sq. Ft.
  • Plans for ADU's
  • Close to El Camino College

OVERVIEW

This turnkey 32-unit apartment community offers a strong 6.63% actual CAP rate and a 9.57 GIM, featuring a desirable unit mix of (16) two-bedroom/one-bath units and (16) one-bedroom/one-bath units. Situated on a large 31,240 square foot lot, the property has been extensively renovated with 100% upgraded units and significant capital improvements throughout. Residents benefit from ample parking with covered carports, open spaces, and a gated entry, while the location offers the convenience of walking or biking to El Camino College. The property is subject to the Gardena portion of the Los Angeles County Rent Stabilization Ordinance (RSO) and also presents outstanding upside through ADU development, with plans available for six additional ADUs.

FOR SALE DETAILS

PRICE

$8,150,000 USD

PRICE/SF

$398 USD /SF

# OF UNITS

32

PRICE/UNIT

$254,688

CAP RATE

6.63%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chadron Twins

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,240 SF

ZONING

LCR3YY

APN/PARCEL ID

4071-015-018

ASK ABOUT THIS PROPERTY

Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

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Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.