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14715 Chadron Ave Gardena, ...

Positive Investments Acquires MultiFamily Property In Gardena For $7.05M
SOLDMultiFamily

Positive Investments Acquires MultiFamily Property In Gardena For $7.05M

14715 Chadron Ave Gardena, CA 90249, USA

$7,050,000

$344/SF

Building Size

20,480 SF

Asset Type

MultiFamily

Closing

Sep 6, 2023

AI

A multifamily property located at 14715-14719 Chadron Avenue in Gardena has been sold for a price of $7,050,000. The property consists of 32 units, with an average price per unit of $220,313. The total square footage of the property is 20,480, and the price per square foot is $344.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $7,050,000
  • Units: 32
  • Price per Unit: $220,313
  • Square Footage: 20,480
  • Price per Square Foot: $344
  • Address: 14715-14719 Chadron Avenue, Gardena

This transaction was facilitated by Larson Harley of Lyon Stahl Investment Real Estate, Inc, who represented the buyer, Positive Investments - Srinivas Yalamanchili, and the seller, Tolu Real Estate - Jason Tolu. The involvement of Larson Harley as the broker highlights their expertise in the real estate market.

Players

Larson Harley

Lyon Stahl Investment Real Estate

Broker

$7.1M

vol

1 deal

Broker
Positive Investments
Positive InvestmentsBrokerage
Srinivas Yalamanchili

Srinivas Yalamanchili

Positive Investments

Buyer

$89M

vol

11 deals

Buyer

Gardena MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.25%

Cash-on-Cash

-0.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93