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Gardena, CA 90249 2917 W Rosecrans Avenue

$1,650,000

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Presented By: Mark Leddy with Compass; 310 710 8536
  • MLS# SB24039202
  • 02/26/2024
  • Request Tour
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  • BedBeds • 8
  • BathBaths • 6
  • FootageSQFT • 4,133
  • GarageGarage • 5

Home Details

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.
Presented By: Mark Leddy with Compass; 310 710 8536

Interior Features for 2917 W Rosecrans Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NNo
Laundry FeaturesLaundryRoom
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 2917 W Rosecrans Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.5
Carport Y/NNo
CityGardena
Community FeaturesCurbs, Gutters, StormDrains, Sidewalks
CountyLos Angeles
Days on Market9
DirectionsRosecrans / Crenshaw
Entry LocationFront Door
Garage Spaces5.0
Garage Y/NYes
Gross Income121800.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense3200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsConventional
Lot Size Square Feet6305.0
MLS Area119 - Central Gardena
MobileHomeRemainsYNNo
Net Operating Income74571.0
New ConstructionNo
Operating Expense47229.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesClosedCircuitCameras
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameRosecrans
Tax Lot57
Taxes$20,650
Tenant PaysElectricity, Gas
Total Units5
Trash Expense4080.0
View Y/NNo
Water Sewer Expense3385.0
Waterfront Y/NNo
Year Built1958
Year Built SourceAssessor
ZoningGAR4

Exterior for 2917 W Rosecrans Avenue

Building Area Total4133.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1447
Lot Size Area6305.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Road Frontage TypeCityStreet
SpaNo
Total Parking5.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,650,000
MLS#SB24039202
List Date 02/26/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors