Property Details

2917 W Rosecrans Ave
Gardena, CA 90249

Price
$1,649,000
GRM
16  
GSI
$101,172  
NOI
$60,301  
CAP Rate
3.66  
Units
5  
Price/unit
$329,800  
Square Footage
4,133  
Price/sqft
$399  
Lot Size (sqft)
6,033  
Year Built
1958  

Property Description

Regioncy is proud to present a non rent controlled a 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 $101,172 and are collected via direct deposit allowing ease of ownership. Very attractive assumable financing at 3.9% fixed till 2027 with balance of ± $870,000.


Unit Composition

QtyBedroomsBathrooms
13 Bedroom1 Bath
12 Bedroom1 Bath
31 Bedroom1 Bath

Contact Regioncy