14900 Chadron Avenue

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 courtesy of: Daniel Baird, Sperry Van Ness . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 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.