14715-14719 Chadron Ave, Gardena, CA 90249

14715-14719 Chadron Ave, Gardena, CA 90249

Gardena, CA

Property Description


  • Trophy 32-Unit Building Consisting of (16) 2-Bed/1-Bath Units and (16) 1-Bed/1-Bath Units
  • Interior Has Been Fully Renovated: Laminate Flooring, Quartz Countertops, Stainless Steel Appliances, and New Bathrooms
  • Two Laundry Rooms On-Site | 32 Covered Parking Spaces
  • Substantial Improvements to Major Systems: Copper Plumbing, Electrical Upgrades, New Water Heaters, Newer Roof
  • Current CAP: 4.54% | Current GRM: 12.33 | GSI: $729,492
  • Located Less than a Mile from El Camino College with Convenient 105 & 405 Fwy Access


The Harley Group at Lyon Stahl is 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. Five units can be delivered vacant at closing (four 1-bedrooms and one 2-bedroom). 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 4.54% CAP rate based on actual trailing 12 months expenses. 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.
*Subject property is located in Unincorporated LA County. Calculations based on recurring expenses in the trailing 12 months financials. Buyer to independently verify square footage and property improvements

Property Features

  • Sale Price: $7,050,000
  • Area Size: 20,480 Sq. Ft.
  • Land Area: 31,240 Sq. Ft.
  • Year Built: 1959
  • Listing Date: 5/16/2023
  • Closing Date: 9/6/2023
  • Units: 32
  • Current GRM: 11.00
  • Current Cap Rate: 5.42 %
  • Price Per Unit: $250,000
  • Market GRM: 10.37
  • Market Cap Rate: 5.94%
  • Current NOI: $433,481

Lyon Stahl Investment Real Estate

Keep In Touch