Property Detail
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 6.7% 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.
Map Location
Listing provided courtesy of Daniel Baird of Sperry Van Ness. Last updated 2024-11-27 09:11:20.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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