2917 W Rosecrans Avenue Active

Gardena,CA 90249

$ 1595000

7 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24039202

Bedrooms 7

HOA Y/N No

Lot Size 6,305 Sqft

Property Description

Turnkey 5-Unit apartment building located within the core of Gardena situated on a 6,300+ square foot lot. This 4,133 square foot building has a great unit mix of (1) 3 bed 2 bath, (1) 2 bed 1 bath, (3) 1 bed 1 bath, 5 enclosed garages (rented) and onsite laundry. Stabilized income stream offering a current cap rate of 5.1% and a market cap rate of 5.8% before factoring value add opportunities and potential new income with ADU addition. Most major components of building have been modernized copper piping, upgraded electrical, pervious pavers, artificial landscape, dual pane windows, HVAC systems, fully enclosed property with gated entry and state of the art security camera system that can be viewed via online app. Existing landscape requires almost zero monthly maintenance.
Turnkey 5-Unit apartment building located within the core of Gardena situated on a 6,300+ square foot lot. This 4,133 square foot building has a great unit mix of (1) 3 bed 2 bath, (1) 2 bed 1 bath, (3) 1 bed 1 bath, 5 enclosed garages (rented) and onsite laundry. Stabilized income stream offering a current cap rate of 5.1% and a market cap rate of 5.8% before factoring value add opportunities and potential new income with ADU addition. Most major components of building have been modernized copper piping, upgraded electrical, pervious pavers, artificial landscape, dual pane windows, HVAC systems, fully enclosed property with gated entry and state of the art security camera system that can be viewed via online app. Existing landscape requires almost zero monthly maintenance.

Location

State CA

County Los Angeles

Area Gardena (90249)

Zoning Assessor

Building

Lot Description Curbs,Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $121

Acceptable Financing Conventional

Space Rent $3,000

Listing Terms Conventional

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