2917 Rosecrans Avenue, Gardena, CA 90249

Property Description

Turnkey 5-Unit apartment building located within the core of Gardena situated on a 6,300+ square foot lot. This 4,133 square foot building has a 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 offering a current cap rate of 4.3 and a market cap rate of 5.2 before factoring value add opportunities and potential new income with ADU addition. 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 online app. Existing landscape requires almost zero monthly maintenance.