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14830 Chadron Avenue

Gardena, CA 90249
  • $3,300,000
  • STATUS: Active
  • ON SITE: 281 Days
  • ID#: SR22185744
$3,300,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Matthew Sillaman of Lb Property Management Inc (818-981-1802)


Description

RARE opportunity to acquire a 12-unit asset in Gardena, CA Unincorporated Los Angeles. Gardena is located in the South Bay region of L.A. adjacent to Hawthorne & Torrance. Theres no shortage of options with immediate proximity to Manhattan Beach, LAX, eateries, and entertainment. Tenants have easy FWY access to core L.A., L.B.C., and O.C. locations. The subject property sits on a massive 15,620 SF lot and is very well-maintained. The Unit-mix offers two stand-alone 2+1 bungalows, one duplex at rear of property with alleyway access, and an 8-unt apartment. The property offers plenty of parking, on-site laundry, and the property is separately metered. The property will be delivered with three vacancies (all 1+1) that will allow for immediate upside. With attractive going-in metrics, this is a bread and butter, value-add play with significant upside potential. Buyer to verify all info.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T00:34:09.453. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/132386204
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14830 Chadron Avenue Gardena, CA 90249

  • Price: $3,300,000
  • Status: Active
  • On Site: 281 Days
  • ID#: SR22185744
0
Beds
0
Baths
0
½ Baths
0.36
Acres
1957
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
RARE opportunity to acquire a 12-unit asset in Gardena, CA Unincorporated Los Angeles. Gardena is located in the South Bay region of L.A. adjacent to Hawthorne & Torrance. Theres no shortage of options with immediate proximity to Manhattan Beach, LAX, eateries, and entertainment. Tenants have easy FWY access to core L.A., L.B.C., and O.C. locations. The subject property sits on a massive 15,620 SF lot and is very well-maintained. The Unit-mix offers two stand-alone 2+1 bungalows, one duplex at rear of property with alleyway access, and an 8-unt apartment. The property offers plenty of parking, on-site laundry, and the property is separately metered. The property will be delivered with three vacancies (all 1+1) that will allow for immediate upside. With attractive going-in metrics, this is a bread and butter, value-add play with significant upside potential. Buyer to verify all info.
Exterior Features

Lot Features Level Number Of Separate Electric Meters 12 Open Parking Spaces 12 Parking Features Assigned Parking Total 12 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.3 Common Interest None Community Features Urban Electric Expense 3250 Fuel Expense 0 Garage YN No Gross Income 247836 Gross Scheduled Income 247836 Insurance Expense 3600 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalContract1031 Exchange Maintenance Expense 9000 Net Operating Income 175009 New Construction YN No New Taxes Expense 41250 Number Of Separate Gas Meters 12 Number Of Separate Water Meters 12 Operating Expense 65392 Pest Control Expense 750 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasSewer Trash Expense 2492 Water Sewer Expense 3250 Water Source Public Zoning Lcr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T00:34:09.453. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Matthew Sillaman of Lb Property Management Inc (818-981-1802)