5 Unit Apartment Building – NON RENT CONTROL

2917 W Rosecrans Ave, Gardena, CA

   SOLD!   

$1,649,000

Price

3.71%

Cap Rate

$61,141

NOI

Overview
Cap Rate
3.71%
NOI
$61,141
Building Size
4,133 sqft
Lot Area
6,303 sqft
Units
5
GRM
16.3
Year Built
1958
Price Per Unit
$329,800
Description

Regioncy is proud to present a non rent controlled, 1958 construction of 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.

Documents
Title
Offering Memorandum
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Location
Gallery