Status: Under Contract - Under Contract
Property Type:Residential Income (Multi-Family)
On Site:18 Days
Lot Size:6,308 Sq. Ft.
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.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:2713 W Rosecrans Ave Gardena, CA 90249
Area:115 - North Gardena
Building Area: 4133.0
Number of Buildings: 1
Total Units: 5
Unit 1: 1 Unit•3 Beds•2 Baths•Unfurnished•$2,850 pro forma
Unit 2: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,500 actual rent•$1,500 total rent•$2,000 pro forma
Unit 3: 1 Unit•1 Bed•1 Bath•Unfurnished•$995 actual rent•$995 total rent•$1,500 pro forma
Unit 4: 1 Unit•1 Bed•1 Bath•Unfurnished•$945 actual rent•$945 total rent•$1,500 pro forma
Unit 5: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,150 actual rent•$1,150 total rent•$1,500 pro forma
Carport Spaces: 5.0
Parking Total: 5.0
Features / Amenities
Fireplace Features: Living Room
Laundry: Common Area
Common Walls: 2+ Common Walls
Heating: Forced Air, Wall Furnace
Lot Size: 0.14 Acres / 6,308 Sq. Ft.
Lot Features: Street Level
Sewer: Public Sewer
Directions:North side of Rosecrans Ave E. of Crenshaw, W. of Van Ness
Tax and Financial Info
Gross Income: $89,280
Gross Scheduled Income: $89,280
Net Operating Income: $52,421
Insurance Expense: $2,400
Trash Expense: $2,316
Water/Sewer Expense: $4,787
Operating Expense: $32,395
Terms: CashtoNewLoan, Conventional
Total Actual Rent: $4,590
Land Lease: No
Listing agent / office Ken Morrison, Cambree Realty Advisors.
WALKING AND TRANSPORTATION
Schedule a Tour
Similar Recently Sold
Based on information from California Regional Multiple Listing Service, Inc. as of January 27, 2022. 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. IDX provided by Sierra Interactive.