2917 W Rosecrans Avenue

Gardena, CA 90249

PRICE REDUCED

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-$55,000 (-3.33%)

$1,595,000

List Price

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1958

calendar_month Built

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.

Listing Information

List Price $1,595,000
Status Active
MLS SB24039202
Type Residential Income
Subtype Apartment
Year Built 1958
Lot Size 6,305
Structure Size N/A
DOM 169
Courtesy Of Compass
Listing Agent Mark Leddy DRE#01519607

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms N/A
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Fireplace Information
Features Living Room

Exterior Information

Maps

Listing information courtesy of: Mark Leddy, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:40 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.