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    2917 W Rosecrans Avenue

    Gardena, CA 90249
    • $1,595,000
    • STATUS: ACTIVE
    • ON SITE: 143 days
    • ID#: 302648424
    $1,595,000
    • 6
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    5-Unit apartment building located within the core of Gardena. 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 with long term upside. 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 app anyti 5-Unit apartment building located within the core of Gardena. 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 with long term upside. 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 app anytime. Existing landscape requires almost zero monthly maintenance. Laundry can be increased for additional income. Property is nearly turnkey for the most discriminating local or long distance investor. Additionally the existing annual scheduled rents are $111,036 and are collected via direct deposit allowing ease of ownership. Very attractive assumable financing at 3.9% fixed till 2022 with balance of $835,000.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    2917 W Rosecrans Avenue Gardena, CA 90249

    • Price: $1,595,000
    • Status: ACTIVE
    • ID#: 302648424
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1958
    Built
    Neighborhood:
    Gardena (90249)
    County:
    Los Angeles
    Area:
    Gardena (90249)
    Property Description
    5-Unit apartment building located within the core of Gardena. 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 with long term upside. 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 app anyti 5-Unit apartment building located within the core of Gardena. 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 with long term upside. 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 app anytime. Existing landscape requires almost zero monthly maintenance. Laundry can be increased for additional income. Property is nearly turnkey for the most discriminating local or long distance investor. Additionally the existing annual scheduled rents are $111,036 and are collected via direct deposit allowing ease of ownership. Very attractive assumable financing at 3.9% fixed till 2022 with balance of $835,000.
    Exterior Features

    Pool N/K Roof Composition Site Cul-De-SacCurbs

    Interior Features

    Cooling Central Forced Air Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1

    Property Features

    Actual Cap Rate 4.38 Annual Expense Actual 37836 Buildings 1 Gross Rent Multiplier Actual 14.36 Gross Scheduled Income Actual 111036 Tenant Pays Cable TvElectricityGas/Propane Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 2850.0 Unit2 Rent Actual 1700.0 Unit3 Rent Actual 1407.0 Zoning Assessor

    Listing provided courtesy of Regioncy Real Estate. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    San Diego CA, 92131