2617 W Rosecrans Avenue, Gardena, CA 90249

About this property

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.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$1,400,000

Sold June 2023 · listed $1,500,000, orig. $1,600,000, on market March 2023 · MLS #PW23051417 · Source: CRMLS

Listing Agent: Brett Lyon · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: broker@lyonstahl.com · Bought with: TYLER KROPF · Tyler M. Kropf

$775,000

Sold September 2014 · listed $795,000, on market January 2014 · MLS #14733115 · Source: CRMLS

Listing Agent: Ian Hollinger · Listing Office: BRC Advisors- BH · Contact: 310-525-3712 · Bought with: Ian Hollinger · BRC Advisors Inc.

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