Home For Sale

Picture of Home For Sale in Gardena, California, United States

$1,875,000

14900 Chadron Ave
Gardena, California, United States

16bd 8ba

Listed By: Realtyww Info

Listed On: 09/12/2024

Listing ID: GL11215107 View More Details

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.

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Listed by: Daniel Baird