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32-Unit Apartment Building
For Sale
$7,740,000

14715 Chadron, Gardena, CA 90249

The community offers an even mix of one- and two-bedroom residences, with gated parking that includes carports and open spaces.

Property Size20,480 SF
Lot Size0.72 Acres
Price / SF$377.93
Days on Market133

Property Features for 14715 Chadron

General Information

Standard status Active
Size 20,480 SF
Lot size 0.72 Acres
Property subtype Apartment

Units

Unit Mix 16 x 2BR/1BA, 16 x 1BR/1BA
Multifamily Units 32

Building Details

Building Size 20,480 SF
Year Built 1959
Listing Agency: Pat Swanson
Listed By: Pat Swanson · License #01382974
Source: Carrabbagroup
Added: Jun 26 Changed: Nov 4 Last Checked: Nov 4 at 6:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pat Swanson

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Investment Insights

Based on property information with market context.

Built in 1959, this 32-unit apartment community in Gardena has renovated interiors throughout. The unit mix consists of 16 one-bedroom, one-bath apartments and 16 two-bedroom, one-bath apartments. Gated parking includes both carports and open spaces.

Plans are available for six potential ADUs. El Camino College is within walking and biking distance, and the property is subject to the LA County Rent Stabilization Ordinance.

Key Highlights

  • 32 apartments: 16 one‑bedroom, one‑bath units and 16 two‑bedroom, one‑bath units
  • Renovated interiors throughout the property
  • Gated parking with carports and open spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$329,540
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,590,800 $6.6M
Cap Rate 7%
$4,707,714 $4.7M
Cap Rate 9%
$3,661,556 $3.7M
Market Conditions
NOI Build-Up for 20,480 SF
Gross rent
$651.3K $31.80/SF
− Vacancy
−$52.1K −$2.54/SF
EGI
$599.2K $29.26/SF
− OpEx
−$269.6K −$13.17/SF
NOI
$329.5K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,590,800
Cap Rate 7%
$4,707,714
Cap Rate 9%
$3,661,556

Alternative Uses

Best Use
Apartment 5plus
$4.71M
$4.12M – $5.49M (±1% cap)
NOI $329,540 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.96M
$9.59M – $12.79M (±1% cap)
NOI $767,544 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

32
Residential units

Location Intelligence

Trade Area within ½ mile

1,188
Businesses Nearby

Demographics for 90249, CA

27,125
Population
9,292
Households
2.9
Avg Household Size
40
Median Age
26%
College-Educated
80%
High-School Grad
3.0 sq mi
ZIP Area
9,042
Density / Sq Mi
$84,921
Median Household Income
$43,336
Median Earnings
$1,705
Median Rent
$709,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The community offers an even mix of one- and two-bedroom residences, with gated parking that includes carports and open spaces.
Where is this apartment building located?
The property is located at 14715 Chadron Gardena, CA.
What is the asking price?
The asking price for this property is $7,740,000.
What are key features of this property?
This property features: 32 apartments: 16 one‑bedroom, one‑bath units and 16 two‑bedroom, one‑bath units; Renovated interiors throughout the property; Gated parking with carports and open spaces
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