$1,422,000
$1,595,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
2917 W Rosecrans AVE Gardena, CA 90249
6,303 Sqft Lot
Key Details
Sold Price $1,422,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID EV20176575
Sold Date 10/18/21
HOA Y/N No
Year Built 1958
Lot Size 6,303 Sqft
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.
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Zoning GAR4
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Vinyl
Fireplace No
Laundry Common Area
Exterior
Garage Door-Multi, Door-Single, Garage
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs, Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Roof Type Composition
Parking Type Door-Multi, Door-Single, Garage
Total Parking Spaces 5
Private Pool No
Building
Lot Description Cul-De-Sac
Sewer Sewer Assessment(s)
Water Public
New Construction No
Others
Senior Community No
Tax ID 4059019034
Energy Description 720.0
Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange, Subject To Other, Trade
Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange, Subject To Other, Trade
Financing Assumed
Special Listing Condition Standard
Lease Land No
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Bought with Mark Leddy • Compass