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2917 W Rosecrans Avenue

Gardena, 90249

0 Bd
0 Ba
6,305 Lot
$1,650,000 Current Price
Active Status
61 Days on Market
Feb 26 First Day Active
$1,650,000 Start Price

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 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.

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Property Details for 2917 W Rosecrans Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Mark Leddy
Listing Brokered By
Compass
Type
Residential Income, Apartment
Year Built
1958 (Assessor)
MLS Area
119 - Central Gardena

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
61 DOM
Combined DOM*
61
First Date Active
February 26th, 2024
Current Price
$1,650,000
Orig. List Price
$1,650,000
MLS® #
SB24039202
APN
4059019034
Special
Standard

Home Interior Information

Levels/Stories
Two
Fireplaces
Living Room

Room Information

Laundry
LaundryRoom

Exterior Information

Lot Description
Rectangular Lot
Lot Size (sq. ft.)
6,305
Lot Size (acres)
0.14
Security
ClosedCircuitCameras
Pool
None
Parking Spaces
5
Garage Spaces
5

Utilities Information

Water Source
Public

Additional Information

Zoning
GAR4
Buyer's Brokerage Fee
2.500

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
119 - Central Gardena
City/State
Gardena
Zip Code
90249
County
Los Angeles
# of Units
5
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Listing/Price History

2917 W Rosecrans Avenue, Gardena, (MLS® #SB24039202)

Date Details Price Change
First Day Active $1,650,000
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Listing Summary

Quick Summary of 2917 W Rosecrans Avenue: This home in Gardena is priced at $1,650,000 . The Apartment residence was originally built in 1958 and was listed on February 26th, 2024 at $1,650,000, showing 61 Days on Market currently. Contact Dave Fratello today for more information or to go see 2917 W Rosecrans Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 11:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.