$975,000
Located minutes from SpaceX, SoFi Stadium, and LAX, 14324 Chadron Ave sits in one of the most active development corridors in the South Bay. This is a rare R-3 zoned lot in a submarket where land with real density potential doesn’t last. The numbers work. At 15,624 sq. ft. (52.5' x 297.5'), this deep lot supports 10+ units by-right under Hawthorne’s R-3 zoning — and potentially more with California’s Density Bonus Law. Build up to 4 stories. Design townhomes or condos to resell, or hold as a cash-flowing multifamily asset. The math on either exit strategy is compelling. The block is already moving. Several neighboring properties feature multi-unit structures and expanded builds, signaling a neighborhood mid-transition. The parcel immediately adjacent is currently being developed by the City of Hawthorne itself — a strong indicator of where this street is headed. The site delivers. Dual access via front street and rear alley gives architects and builders maximum flexibility in unit configuration, parking layout, and design. The existing 1950 2BD/1BA home with detached garage can generate income during the entitlement and permitting process. Sold as-is. Buyers to conduct their own due diligence on zoning, development options, entitlement potential, and lot-split feasibility.
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Listed by Erick Claudio with Keller Williams Realty (310) 375-3511
Property Type
Single Family Residence
Status
Active
MLS Number
SB26086675
Year Built
1950
Lot Size
0.36 acres