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. 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.
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Listing Agent: Larson Harley
Listing Office: Lyon Stahl Investment Real Estate, Inc.
Attribution contact: 310-425-9838