2917 W Rosecrans Avenue

    Gardena, CA 90249
    • $1,599,000
    • STATUS: Active
    • ON SITE: 143 days
    • ID#: EV18019925
    UPDATED: 22 min ago
    $1,599,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,133
      SQFT
    • $387
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Non rent controlled a 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 $102,468 and are collected via direct deposit allowing ease of ownership. Very attractive assumable financing at 3.9% fixed till 2027 with balance of +- $870,000.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-19T08:28:47.643. 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.
    www.playavistaliving.com/homes/80283023

    2917 W Rosecrans Avenue Gardena, CA 90249

    • Price: $1,599,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: EV18019925
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,133
    SQFT
    $387
    $/SQFT
    1958
    Built
    Neighborhood:
    119 - Central Gardena
    County:
    Los Angeles
    Area:
    119 - Central Gardena
    Property Description
    Non rent controlled a 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 $102,468 and are collected via direct deposit allowing ease of ownership. Very attractive assumable financing at 3.9% fixed till 2027 with balance of +- $870,000.
    Exterior Features

    Architectural Style Contemporary Fence YN Yes Fencing Security Garage Spaces 5.00 Lot Features Sprinklers Drip SystemWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Dual Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring CarpetStoneTile Heating Central Furnace Heating YN Yes Interior Features Intercom Laundry Features AreaCommunity Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalksStorm DrainsStreet LightingUrban Country Us Electric Expense 840.00 Elevation Units Feet Fuel Expense 720.00 Garage Income 450.00 Garage Rental Rate 450.00 Gardener Expense 600.00 Green Energy Efficient AppliancesHvacLightingWater HeaterWindows Green Water Conservation Flow ControlWater-Smart Landscaping Gross Income 500.00 Gross Operating Income 102468.00 Gross Scheduled Income 102468.00 Insurance Expense 1500.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry Income 50.00 Laundry YN Yes Licenses Expense 1050.00 Maintenance Expense 3053.00 Maintenance Percent 3.00 Net Operating Income 63336.00 New Taxes Expense 20625.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 37836.00 Operating Expense Percent 37.00 Present Loans 888000 Professional Management Expense 5089.00 Property Condition Turnkey Rent Control YN No Security Features 24 Hour SecurityCard/Code AccessClosed Circuit TvSecurity SystemSmoke Detector Senior Community YN No Sewer Unknown Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 8539.00 Total Expenses 37836.00 Trash Expense 1839.00 Utilities Phone ConnectedSewer Connected Walk Score 71 Water Sewer Expense 2520.00 Water Source Public Year Built Source Assessor Zoning Gar4

    Listing provided courtesy of Nathan Diones of Regioncy Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-19T08:28:47.643. 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.
     
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