14920 ChadronGardena, CA 90249

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.

Property Information

Property type

Commercial Sale

Sub-type

Multi Family

Year built

1954

Stories

1

Building area

4,890 Sq Ft

Lot size

0.36 acres

Lot dimensions

50X200

Parking spaces

8

Zoning

LCR3YY

Days on market

123

MLS^® Listing#

DW26113682

Property Features

Laundry

Inside

Construction

Concrete · Stucco

Roof

Shingle

Utilities

See Remarks

Water source

Public

Parcel number

4071017004

Directions

Take 405 fwy exit Inglewood head East or 110 exit Rosecrans go West