2713 W Rosecrans Avenue, Gardena, CA 90249

$1,350,000
Sold Price
$1,350,000
List Price
$1,300,000
Closing Date
Mar 30, 2022
Status
CLOSED
MLS#
SB22000515
Year Built
1958
Lot Size
6,308
Acres
0.1448
Lot Location
StreetLevel
Days on Market
0
Property Type
Multifamily

Property Description

GREAT INVESTMENT OPPORTUNITY! This 5 unit Gardena apartment building has a great unit mix: (1) 3 bedroom/2 bath (1) 2 bedroom/1 bath, and (3) 1 bedroom/1 bath. The 3 bedroom unit has fireplace and remodeled kitchen with new cabinets & flooring. Each unit is separately metered for gas and electric. Significant recent upgrades including new roof, copper plumbing and kitchen upgrades in 2 of the units. The 3bed/2 bath unit is not occupied allowing a possible owner/user or it can easily be rented in this high demand rental market. This property presents a VALUE-ADD OPPORTUNITY with approximately 26% in upside potential in increased rents, which makes an ideal opportunity for an investor to own and generate excellent cash flow. Apartment features include: patios, carpet and ceramic tile flooring. This property was built in 1958 and is set on 6,308 sq. foot (per assessor) lot. There is a Laundry room on premises creating an additional income stream and 5 covered security gated parking spaces.

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Forced Air, Wall Furnace
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$89,280
Operating Expense
32395

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ken Morrison from Listing Office: Cambree Realty Advisors

Listing sold by Nina Le from Buckingham Investments, Inc

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.