$1,400,000
$1,500,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
6,838 Sqft Lot
SOLD DATE : 06/23/2023
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23051417
Sold Date 06/23/23
HOA Y/N No
Year Built 1959
Lot Size 6,838 Sqft
Property Sub-Type Mixed Use
Property Description
2617 Rosecrans Ave is a well-positioned 6-Unit in Gardena. Built in 1959, the 4,310 SF building sits on a 6,837 SF lot, and features (1) 2-bed/2-bath, (1) 2-bed/1-bath units, and (4) 1-bed/1-bath units, with a carport for (6) cars in the back. This property currently has an impressive cap rate of 5.39% and a market cap of 5.85%
Given the ideal location in a high-growth city and potential income of over $10,389/mo, this this is a great opportunity to own a quality asset for any Los Angeles CRE investor.
Location
State CA
County Los Angeles
Area 116 - North Gateway
Zoning GAR4
Interior
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 6
Pool None
Community Features Curbs
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4059019018
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
Special Listing Condition Standard
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Bought with TYLER KROPF • Tyler M. Kropf