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    2917 W Rosecrans Avenue

    Gardena, CA 90249
    • $1,595,000
    • STATUS: Active
    • ON SITE: 232 days
    • ID#: EV20176575
    UPDATED: 18 min ago
    $1,595,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,133
      SQFT
    • $386
      $/SQFT
    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 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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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T07:28:19.313. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/109436323
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    2917 W Rosecrans Avenue Gardena, CA 90249

    • Price: $1,595,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: EV20176575
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,133
    SQFT
    $386
    $/SQFT
    1958
    Built
    Neighborhood:
    119 - Central Gardena
    County:
    Los Angeles
    Area:
    119 - Central Gardena
    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 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

    Lot Features Cul-De-Sac Number Of Separate Electric Meters 5 Parking Features Door-MultiDoor-SingleGarage Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

    Interior Features

    Common Walls No Common Walls Cooling Central Air Cooling YN Yes Flooring LaminateVinyl Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Cap Rate 4.38 Common Interest None Community Features CurbsSuburban Electric Expense 840 Fuel Expense 720 Garage YN Yes Gross Income 480 Gross Scheduled Income 111036 Insurance Expense 1500 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanConventional1031 ExchangeSubject To OtherTrade Maintenance Expense 3053 Net Operating Income 69869 New Construction YN No New Taxes Expense 20625 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 37936 Rent Control YN Yes Senior Community YN No Sewer Sewer Assessment(S) Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 8773 Trash Expense 1839 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected Vacancy Allowance 3331 Vacancy Allowance Rate 3 Water Sewer Expense 2520 Water Source Public Zoning Gar4

    Listing provided courtesy of Nathan Diones of Regioncy Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T07:28:19.313. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
     
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