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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.

Overview

Property Status
Sold
Date Sold
October 18, 2021
Lot Size
6,303 Sq.Ft.
MLS ID
EV20176575
Property Type
Multi-Family
Year Built
1958

Features & Amenities

Garage Spaces
5
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Pool
None
Roof
Composition
Lot Features
Cul-De-Sac
Parking
Door-Multi, Door-Single, Garage
Heat Type
Central
Air Conditioning
Central Air
Laundry Room
Common Area
Sewer
Sewer Assessment(s)
HOA Amenities
Curbs, Suburban
Sales Price
$1,422,000
Zoning
GAR4

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2917 W Rosecrans Avenue

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2917 W Rosecrans Avenue
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