Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

32

Building size

20,480 sqft

Lot size

31,248 sqft

Year built

1959

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

47

MLS #

245174347

About this property

$400,000 Price Reduction -- Located in the City of Gardena, this turnkey 32-unit apartment community is an exceptional investment opportunity with 100% upgraded units on a massive 31,240 square foot lot. The property features an ideal unit mix of (16) two-bedroom/one-bath units and (16) one-bedroom/one-bath units, along with ample gated parking including carports and open spaces. Ownership has completed significant capital improvements throughout, providing a low-maintenance asset with immediate cash flow and long-term upside. The property also has the potential to build six (6) ADUs with plans available, creating an attractive value-add opportunity. Conveniently located within walking and biking distance of El Camino College and subject to the LA County Rent Stabilization Ordinance (RSO), this is a rare opportunity to acquire a well-maintained, high-quality multifamily investment in a strong rental market.

Location

14715 Chadron

Gardena, Los Angeles, CA, 90249