- N/A BR
- 0 BA
- N/A SqFt.
- 7,001 Lot
- $810,000
- Closed
- 12/11/23
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.
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Property Details for 14715 Chadron Avenue
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Larson Harley
- Listing Brokered By
- Lyon Stahl Investment Real Estate, Inc.
- Type
- Residential Income, Mixed Use
- Year Built
- 1959 (Assessor)
- MLS Area
- 111 - Bodger Park/El Camino
Price and MLS Information
- Status
- Closed | Listing History
- MLS Days on Mkt.
- 91 DOM
- Combined DOM*
- 91
- First Date Active
- May 16th, 2023
- Closing Date
- September 6th, 2023
- Sold Price
- $7,050,000
- Orig. List Price
- $8,995,000
- MLS® #
- SB23084338
- APN
- 4071015018
- Special
- Standard
Home Interior Information
- Appliances
- Dryer, Washer
Room Information
- Laundry
- CommonArea
Exterior Information
- Lot Description
- Landscaped
- Lot Size (sq. ft.)
- 31,240
- Lot Size (acres)
- 0.72
- Pool
- None
- Parking Spaces
- 32
Utilities Information
- Water Source
- Public
Additional Information
- Zoning
- LCR3YY
- Buyer's Brokerage Fee
- 2.000
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
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Neighborhood Information
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Listing/Price History
14715 Chadron Avenue, Gardena, (MLS® #SB23084338)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | $7,050,000 | – | |
| Pending (from Active) | – | – | |
| Price Reduced (from $8,500,000) | $8,000,000 | $500,000 (5.88%) | |
| Price Reduced | $8,500,000 | $350,000 (3.95%) | |
| Price Reduced | $8,850,000 | $145,000 (1.61%) | |
| Show More (1) | |||
| First Day Active | $8,995,000 | – | |
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Listing Summary
Quick Summary of 14715 Chadron Avenue: This home in Gardena is priced at $8,000,000 . The Mixed Use residence was originally built in 1959 and was listed on May 16th, 2023 at $8,995,000, showing 91 Days on Market currently. Contact Dave Fratello today for more information or to go see 14715 Chadron Avenue.
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Sold Listings Similar to 14715 Chadron Avenue, Gardena
Based on information from California Regional Multiple Listing Service, Inc. as of May 4th, 2024 at 9:51pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
