13927 Chadron Avenue

Hawthorne, CA 90250

$4,800,000
Last Sold Price
6
Beds
24
Baths
15,284 Sq. Ft.
$314 / Sq. Ft.
15,284
Sq. Ft.
$314
per Sq. Ft.

Description

Impeccable, NEW product in a submarket that's on the come, minutes to LAX, SpaceX, Tesla Design Center, Northrop Grumman, Raytheon & the new LA Times HQ on Imperial Hwy. An opportunity to buy and 'cashflow' at a 5% cap rate clip, day one. All utilities on the tenants' dime, being condos. All units are HUGE 3 Bed/3.5 Bath units with den/office/nursery, also. Your 5% cap cashflow will only get more robust over the years due to the absence of rent control, here! New construction in the state is NOT...Impeccable, NEW product in a submarket that's on the come, minutes to LAX, SpaceX, Tesla Design Center, Northrop Grumman, Raytheon & the new LA Times HQ on Imperial Hwy. An opportunity to buy and 'cashflow' at a 5% cap rate clip, day one. All utilities on the tenants' dime, being condos. All units are HUGE 3 Bed/3.5 Bath units with den/office/nursery, also. Your 5% cap cashflow will only get more robust over the years due to the absence of rent control, here! New construction in the state is NOT SUBJECT TO RENT CONTROL, for the first15 years. Arguably perfect product, great location, great cashflow AND the additional hedge of knowing townhome sales, YTD, have exceeded $900,000 in Hawthorne/Gardena, in some cases - if you want to sell them off individually. ( one unit designated 'low income'). The deal is arguably worth $6MM, deliverable under$5,000,000.
  1. Listed by Brice Head • DRE #01330706 • Brokerage DRE #00868409 • CBRE, Inc.

Property Details for 13927 Chadron Avenue

Zoning
HawR3
Parcel Number
4052021017
Total Units
7.0
Living Area
15284
Source Living Area
Assessor
Area
East Hawthorne (110)
Vacancy Rate
3%
Lot Size Area
14867

Location

Listing Courtesy of CBRE, Inc., Brice Head, DRE #01330706

Sold By LA Commercial, Inc., Albert Pacleb, DRE #01882342

Add your commute
LISTING UPDATED: 02/07/2023 04:43 PM

Property Details for 13927 Chadron Avenue

StatusSold
MLS #22-215283
Days on Market90
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.34 AC / 14,867 SF
CountyLos Angeles County

Location

Listing Courtesy of CBRE, Inc., Brice Head, DRE #01330706

Sold By LA Commercial, Inc., Albert Pacleb, DRE #01882342

Add your commute

Building Information for 13927 Chadron Avenue

Stories2Residences-Year Built1958Building Size-Lot Size0.34 AC / 14,867 SF

Payment Calculator

$27,190 per month

30 year fixed, 7.25% Interest

Principal and Interest

$26,196

Property Taxes

$994

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13927 Chadron Avenue

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Townhouse
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $323,592
  • Net Operating Income: $323,592.00
  • Gross Income: $333,600
  • Cap Rate: 5.01%
  • Gross Rent Multiplier: $14.99
  • Total Annual Expense: 72910
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3413
  • Lot Size Square Feet: 14867
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 18
  • Parking Features: Garage
Interior Features
Interior Features
  • Cooling Type: Air Conditioning
  • Heating: Electric
  • Heating Type: Electric
  • Equipment: Dishwasher, Microwave, Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-03-2022
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $4,200.00
  • Unit Actual Rent: $4,200.00
  • Unit Projected Rent: $25,200.00
  • Like Units: 6
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 13927 Chadron Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13927 Chadron Avenue

Taxable ValueLand$246,281Additions$668,380Total$914,661
Tax Record2023$11,928 ($994 / month)
Home Facts
Total Finished SqFt2,934 SqFtAbove Grade Finished SqFt2,934 SqFtLot Size14,867 SqFtStyleQuadraplexYear Built1958ZoningHAR4*CountyLOS ANGELESAPN4052-021-017

Schools near 13927 Chadron Avenue

This home is within Centinela Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Zela Davis School
PublicK to 5

Bud Carson Middle School
Public6 to 8

Lawndale High School
Public9 to 12

Leuzinger High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of CBRE, Inc., Brice Head, DRE #01330706

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.