14715 Chadron Avenue

14715 Chadron Avenue

Gardena, CA 90249

$7,050,000
Last Sold Price
17
Beds
32
Baths
20,480 Sq. Ft.
$344 / Sq. Ft.
20,480
Sq. Ft.
$344
per Sq. Ft.

Closed 9/6/23

Virtual Tour

Closed 9/6/23

Virtual Tour

an aerial view of a building
front view of a car in front of a house
front view of a house with a yard
a view of house with a yard and potted plants
a car parked in front of a building
wooden floor in an empty room with a window
a view of a kitchen with wooden floor
a bathroom with a tub sink and mirror
a kitchen with a refrigerator and a stove
an empty room with a window
a living room with furniture a chandelier and a rug
a kitchen with a stove a sink and a microwave
a bedroom with a bed and a table
a bathroom with a sink a mirror and a shower curtain
a living room with furniture a window and a potted plant

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....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.
  1. Listed by Larson Harley • DRE #02045736 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 14715 Chadron Avenue

Parking Spaces Total
32
Private Pool
No
Total Units
32.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
20480
Assessor Parcel Number
4071-015-018
Property Attached YN
true

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Larson Harley, DRE #02045736

Sold By Lyon Stahl Investment Real Estate, Inc., Larson Harley, DRE #02045736

Add your commute
LISTING UPDATED: 09/06/2023 07:45 AM

Property Details for 14715 Chadron Avenue

StatusClosed
MLS #SB23084338
Days on Market91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1959
Lot Size0.72 AC / 31,240 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Larson Harley, DRE #02045736

Sold By Lyon Stahl Investment Real Estate, Inc., Larson Harley, DRE #02045736

Add your commute

Virtual Tour

Building Information for 14715 Chadron Avenue

Stories2Residences-Year Built1959Building Size-Lot Size0.72 AC / 31,240 SF

Payment Calculator

$48,838 per month

30 year fixed, 7.25% Interest

Principal and Interest

$38,475

Property Taxes

$10,363

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14715 Chadron Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $727,092
  • Gross Scheduled Income: $727,092
  • Vacancy Allowance: 36355
  • Gross Operating Income: $690,737
  • Net Operating Income: $433,481
  • Laundry Income: $792
  • Other Income Description: RUBS
  • Other Income 1: $14,400
  • Gross Multiplier: 11.0
  • Cap Rate: 5.42
  • Financing: Cash
Expense Details
  • Operating Expense: $257,257
  • New Taxes Expense: $105,016
  • Fuel Expense: $0
  • Licenses Expense: $5,429
  • Electric Expense: $0
  • Insurance Expense: $14,334
  • Maintenance Expense: $21,269
  • Professional Management Expense: $31,360
  • Other Expense: $56,608
  • Other Expense Description: Utility
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $257,257
Tax / Assessment Info
  • Tax Tract Number: 993
  • Tax Census Tract: 6037.06
  • Tax Lot: 161
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
Exterior Features
  • Entry Location: Front Gate
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Landscaped, Lot 20000-39999 Sqft
  • Number Of Units: 32
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 32
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,995
  • Unit Type Total Rent: $9,975
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,695
  • Unit Type Total Rent: $1,695
  • Unit Type Pro Forma: 1735
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,095
  • Unit Type Total Rent: $3,840
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,920
  • Unit Type Total Rent: $6,285
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $3,900
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,975
  • Unit Type Total Rent: $1,975
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,830
  • Unit Type Total Rent: $1,830
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,025
  • Unit Type Total Rent: $2,025
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,735
  • Unit Type Total Rent: $20,820
  • Unit Type Pro Forma: 1735
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,675
  • Unit Type Total Rent: $5,025
  • Unit Type Pro Forma: 1735
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 31
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 32
  • Number Of Separate Gas Meters: 32
  • Number Of Separate Water Meters: 1

Property History for 14715 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 14715 Chadron Avenue

Taxable ValueLand$2,933,928Additions$6,876,232Total$9,810,160
Tax Record2023$124,351 ($10,363 / month)
Home Facts
Total Finished SqFt20,480 SqFtAbove Grade Finished SqFt20,480 SqFtLot Size31,240 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLCR3YYCountyLOS ANGELESAPN4071-015-018

Schools near 14715 Chadron Avenue

This home is within Lawndale Elementary School District.
Rating
School
Type
Grades
Distance
F. D. Roosevelt Elementary School
Public - K to 5
Will Rogers Middle School
Public - 6 to 8
Lawndale High School
Public - 9 to 12
Leuzinger High School
Public - 9 to 12
Rating
School
Distance
F. D. Roosevelt Elementary School
PublicK to 5

Will Rogers 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Alondra Park-El Camino Village

Neighborhoods

Cities

ZIPs

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Larson Harley, DRE #02045736

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.