NOT LISTED FOR SALE

2713 W Rosecrans Ave Gardena, CA 90249

8 Beds
6 Baths
4,133 Sq Ft
6,308 Sq Ft Lot

Last Sold March 30, 2022

Last sale price $1,350,000 $327 Per Sq Ft

8 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • Level Lot

About This Home

As of March 2022

GREAT INVESTMENT OPPORTUNITY! This 5 unit Gardena apartment building has a great unit mix: (1) 3 bedroom/2 bath (1) 2 bedroom/1 bath, and (3) 1 bedroom/1 bath. The 3 bedroom unit has fireplace and remodeled kitchen with new cabinets & flooring. Each unit is separately metered for gas and electric. Significant recent upgrades including new roof, copper plumbing and kitchen upgrades in 2 of the units. The 3bed/2 bath unit is not occupied allowing a possible owner/user or it can easily be rented in this high demand rental market. This property presents a VALUE-ADD OPPORTUNITY with approximately 26% in upside potential in increased rents, which makes an ideal opportunity for an investor to own and generate excellent cash flow. Apartment features include: patios, carpet and ceramic tile flooring. This property was built in 1958 and is set on 6,308 sq. foot (per assessor) lot. There is a Laundry room on premises creating an additional income stream and 5 covered security gated parking spaces.

Last Agent to Sell the Property

Ken Morrison

Cambree Realty Advisors License #00888072 Listed on: 01/10/2022

Last Buyer's Agent

Nina Le

Buckingham Investments, Inc License #02126566

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,308 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Property Attached

Interior Spaces

  • 4,133 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Location

  • Urban Location

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 23780
  • Assessor Parcel Number 4059019023
  • $1,417 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Trash Expense $2,316
  • Water Sewer Expense $4,787
  • Operating Expense $32,395
  • Gross Income $89,280
  • Net Operating Income $52,421

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Price Per Unit: 260000
  • Property Attached: Yes
  • Water Sewer Expenses: 4787.00
  • Zoning: GAR4
  • Property Type: Residential Income
  • Parcel Number: 4059019023
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 326.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2316.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6308.00
  • Lot Size Acres: 0.1448

Multi Family

  • Gross Income: 89280.00
  • Gross Operating Income: 84816.00
  • Gross Scheduled Income: 89280.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6308.0000 Square Feet
  • Net Operating Income: 52421.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 32395.00
  • Rent Control: Yes
  • Total Actual Rent: 4590.00
  • Total Expenses: 32395.00
  • Vacancy Allowance: 4464
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Census Tract: 6026.00
  • Tax Lot: 46
  • Tax Tract Number: 23780
  • TaxOtherAnnualAssessmentAmount: 1417.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $1,350,000 +3.8% $327 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $1,300,000 -- $315 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22000515

California Regional Multiple Listing Service (CRMLS)