14920 Chadron, Gardena, CA 90249

$2,088,888

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List Price
$2,088,888
Status
ACTIVE
MLS#
DW26113682
Year Built
1954
Lot Size
15,623
Acres
0.36
Lot Location
0-1 Unit/Acre
Days on Market
62
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

This exceptional single level, 8 unit, contemporary style property in the South Bay located in El Camino Village offers this highly desired real estate investment opportunity. It consists of 5 separate buildings with a 4 car attached garage at the rear of the property. It has 4 Covered parking and 4 uncovered parking spaces. Each unit has its own yard to enjoy and laundry hookups. The property presents stable cash flow potential with additional upside through rental increases, operational improvements, and long- term appreciation. Strategically situated near major transportation corridors, employment centers, shopping, dining and commuter access points, the property benefits from strong tenant demand and favorable market fundamentals. The asset consists of eight rental units with on-site parking and provides investors with the opportunity to capitalize on both current income and future value enhancement. In addition, the property offers solar panels for the master meter which conveniently decreases the electricity bill. The property is ideal for investors seeking a stable multifamily asset in the greater Los Angeles Area with potential for increased returns through unit upgrades and repositioning strategies. South Bay's employment hubs continue to support long term rental demand and occupancy stability. Drive by and make an offer. Seller is motivated.

Additional Information

Exterior Construction
Drywall, Concrete, Stucco
Roof
Shingle
Water
Public
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$148,029
Operating Expense
32512

Listing courtesy of Listing Agent: Lourdes Silva (lourdes1silva@gmail.com) from Listing Office: Hamilton Homes Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.