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Single-Level 8-Unit Multifamily Property

14920 Chadron Avenue Gardena, CA 90249

14920 Chadron Avenue, Gardena, CA, 90249
$2,088,888
For Sale
$2,088,888

Eight single-level rental units across five buildings with attached rear garage, yard space, and on-site covered and uncovered parking.

Property Size4,890 SF
Price / SF$427.18
Days on Market54

Property Features for 14920 Chadron Avenue

General Information

Standard status
Active
Size
4,890 SF
Property subtype
Commercial Sale / Multi Family

Building Details

Year Built
1954
Listing agency Hamilton Homes Real Estate
Listed by Lourdes Silva · License #01242181
Source Compass
Added: May 29 Updated: Jul 21 at 2:45AM Checked: Jul 21 at 6:47AM

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 Hamilton Homes Real Estate


Investment Insights

Based on property information with market context.

This single-level, contemporary-style multifamily property includes eight rental units spread across five separate buildings. The layout features yard space for each unit and laundry hookups. On-site parking consists of four covered spaces and four uncovered spaces, plus a four-car attached garage located at the rear of the property.

The property is situated in the South Bay near major transportation corridors and employment centers, with access to shopping, dining, and commuter routes.

Additional physical features include solar panels for the master meter, which the seller states helps decrease the electricity bill.

Key Highlights

  • Single‑level 8‑unit multifamily property built in 1954 across 5 separate buildings
  • 4 covered parking spaces and 4 uncovered parking spaces on site
  • Each unit includes its own yard space and laundry hookups

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $155.5k $31.80
− Vacancy −$12.4k −$2.54
EGI $143.1k $29.26
− OpEx −$64.4k −$13.17
NOI $78.7k $16.09
4,890 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.12M
$983.6K – $1.31M (±1% cap)
NOI $78,684 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.62M
$2.29M – $3.05M (±1% cap)
NOI $183,266 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Electrical Service Cafe & Coffee Shop Catering Service Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Eight single-level rental units across five buildings with attached rear garage, yard space, and on-site covered and uncovered parking.
Where is this apartment building located?
The property is located at 14920 Chadron Avenue Gardena, CA.
What is the asking price?
The asking price for this property is $2,088,888.
What are key features of this property?
This property features: Single‑level 8‑unit multifamily property built in 1954 across 5 separate buildings; 4 covered parking spaces and 4 uncovered parking spaces on site; Each unit includes its own yard space and laundry hookups
Contact an agent
More about this property
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