$1,650,000

2917 Rosecrans Avenue, Gardena 90249

8

Beds

6

Baths

6,305

Lot Size

5

# Of Units

Listing Agent
Mark Leddy - Compass

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 4.3 and a market cap rate of 5.2 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.

Facts & Features

MLS® # SB24039202
Price $1,650,000
Bedrooms 8
Bathrooms 6.00
Lot Size 6,305
Year Built 1958
Type Residential Income
Sub-Type Apartment
Status Active
# Of Units 5

Community Information

Address 2917 Rosecrans Avenue
Area 119 - Central Gardena
City Gardena
County Los Angeles
Zip Code 90249

Amenities

Parking Spaces 5
# of Garages 5
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace Yes
Fireplaces Living Room
# of Stories 2
Stories Two

Exterior

Lot Description Rectangular Lot
Foundation Raised

Additional Information

Date Listed February 26th, 2024
Days on Market 61
Zoning GAR4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMark Leddy
OfficeCompass

Listing Map

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