Listed by John Katnik with BRC Advisors- BH

2709 W Rosecrans Avenue

Gardena, CA, 90249

$1,475,000

$356 per ft²
$1,475,000
$356 per ft²
Active
Active
 - For Sale
beds
8 Beds
baths
6 Baths
carpenters-square
4,133 ft²
property_type
Multi-family
calendar
Built 1958
We are pleased to present a vacant 5 unit apartment in a great area of Gardena! With all units vacant and ready for renovation, this opportunity is the perfect value-add project. The property has potential to operate at a 7.07% Cap Rate & 10.64 GRM upon leasing up the units. With all the rent control regulations in California, this allows a new investor to renovate the units to their liking and pick their own tenants! Endless potential with 5 garages that could be converted into ADUs.
MLS® ID:
23248728
Listed:
3/6/23
Updated:
3/31/23
Stroyke Properties - Bayside Real Estate

Interior Features

Total Bedrooms
8
Total Bathrooms
6
Cooling
None
Heating
None

Exterior/Building Features

Lot Size
6,307 ft² lot

Other Property Details

Area Name
114 - Hollypark
Garage
Yes
Garage Spaces
5
Parking
5
Parking Total
5.0
View
Y
County
Los Angeles
Pool
No
Total Stories
2
Zoning
GAR4
Buyer Agency Compensation
2.000

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/31/23. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 3/31/23 at 3:27 PM UTC

Stroyke Properties - Bayside Real Estate
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