2917 W Rosecrans Ave
Gardena, CA 90249
2917 Rosecrans Avenue offers a compelling investment with a recently renovated exterior and an attractive cap rate of 5.55%.
Sales Price $1,499,999
Beds
8
Baths
6
Home Size
4133 Sq. Ft.
Lot Size
6305 Sq. Ft.
2917 Rosecrans Avenue offers a compelling investment with a recently renovated exterior and an attractive cap rate of 5.55%.
This multifamily property features a desirable unit mix: three 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit (delivered vacant for immediate upside),and one spacious 3-bedroom/2-bathroom unit. Units are equipped with central air. The vacant unit provides instant value-add potential, while the diverse composition and appealing renovated exterior make this a strong, income-generating asset. Characterized by a mix of commercial, industrial, and residential zones, typical of a well-established South Bay community, Rosecrans Avenue itself is a significant east-west location. Bustling with various businesses, retail centers, and dining options that cater to the local population, you'll find a range of everyday conveniences, from fast-food establishments and casual sit-down restaurants to auto services, small shops, and larger retail chains. The area benefits from good connectivity, being in close proximity to major freeways such as the 110 (Harbor Freeway) and the 405 (San Diego Freeway), facilitating commutes throughout the greater Los Angeles area. Residential neighborhoods immediately adjacent to or interspersed with these commercial strips often consist of single-family homes and some multi-unit dwellings, providing housing for a diverse workforce. While not directly next to a major university campus, the location offers reasonable access to educational institutions in the wider South Bay region. Employment opportunities in the vicinity are often found in the retail, service, and light industrial sectors that populate the commercial corridors and industrial parks common to Gardena.
This home located at 2917 W Rosecrans Ave is currently active and has been available on pardeeproperties.com for 41 days. This property is listed at $1,499,999. It has 8 beds and 6 bathrooms. The property was built in 1958. 2917 W Rosecrans Ave is in the Hollypark community of Los Angeles County.
Quick Facts
- 41 days on market
- Built in 1958
- Total parking spaces 2Car
- None
- Community | Hollypark
- MLS# | 25559803
Features
- Central Cooling
- Central Heat
- Hardwood Floors, Other Floors
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
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