2709 W Rosecrans Ave, Gardena, CA 90249

$1,395,000
8
BD
6
BA
4,133
SqFt
List Price
$1,395,000
Price Change
▼ $80,000 1684281672
MLS#
23-248728
Year Built
1958
Bedrooms
8
Bathrooms
6
Living Sq. Ft
4,133
Lot Size
6,307
Days on Market
82
Property Type
Multifamily
Stories
2

Property Description

Buyer DID NOT PERFORM! PRICE REDUCTION! We are pleased to present this value-add apartment in a great area of Gardena! With most units vacant and ready for renovation, this opportunity is the perfect value-add project. The property has potential to operate at a 7.62% Cap Rate & 10.06 GRM upon leasing up the units. With all the rent control regulations in California, this allows a new investor to renovate the units to their liking and pick their own tenants! Endless potential with 5 garages that could be converted into ADUs.

Additional Information

Other Buildings
None
Heat
None
Cooling
None
View
None
Number of Cars in Garage
Garage Is Attached
Garage Spaces Total
5

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of , John Katnik - CA DRE#

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