2917 W Rosecrans Ave Active Save Request In-Person Tour Request Virtual Tour
Gardena,CA 90249
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,133 sqft
Price per Sqft $362
MLS Listing ID 25559803
Bedrooms 8
Construction Status Repair Cosmetic
Year Built 1958
Lot Size 6,305 Sqft
Acres 0.1447
Property Sub-Type Multi-Family
Property Description
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.
Location
State CA
County Los Angeles
Area Hollypark
Zoning GAR4
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Flooring Hardwood, Other
Fireplaces Type Living Room
Equipment Refrigerator, Freezer, Range/Oven, Dishwasher
Exterior
Parking Features None
Garage Spaces 2.0
Building
Lot Description Landscaped, Street Paved, Sidewalks
Story 2
Level or Stories Two
Construction Status Repair Cosmetic
Others
Special Listing Condition Standard