Millman Team Real Estate

$1,499,999
8 Bed
6 Bath
4,133 Sqft
0.14 Acre Lot

2917 W Rosecrans Avenue, Gardena, California 90249

  • Residential Income Property Type
  • 4,133 Sqft Square Footage
  • None Cars Garage
  • 1958 Year Built
Property Description

2917 Rosecrans Avenue offers a compelling investment with a recently renovated exterior and an attractive cap rate of 5.55%. This multifamily property features a desirable unit mix: three 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit (delivered vacant for immediate upside),and one spacious 3-bedroom/2-bathroom unit. Units are equipped with central air. The vacant unit provides instant value-add potential, while the diverse composition and appealing renovated exterior make this a strong, income-generating asset. Characterized by a mix of commercial, industrial, and residential zones, typical of a well-established South Bay community, Rosecrans Avenue itself is a significant east-west location. Bustling with various businesses, retail centers, and dining options that cater to the local population, you’ll find a range of everyday conveniences, from fast-food establishments and casual sit-down restaurants to auto services, small shops, and larger retail chains. The area benefits from good connectivity, being in close proximity to major freeways such as the 110 (Harbor Freeway) and the 405 (San Diego Freeway), facilitating commutes throughout the greater Los Angeles area. Residential neighborhoods immediately adjacent to or interspersed with these commercial strips often consist of single-family homes and some multi-unit dwellings, providing housing for a diverse workforce. While not directly next to a major university campus, the location offers reasonable access to educational institutions in the wider South Bay region. Employment opportunities in the vicinity are often found in the retail, service, and light industrial sectors that populate the commercial corridors and industrial parks common to Gardena.

Basic Details
Residential Income
For Sale
25559803
$1,499,999
8
6
4,133 Sqft
1958
0.14 Acre
Active
Features
: Central
: Central Air
: Living Room
: None
: Wood
$0
Appliances
: Dishwasher, Refrigerator
Address Map
CA
Los Angeles
Gardena
90249
Rosecrans
2917
Avenue
Off Rosecrans Ave. and Crenshaw Blvd.
114 - Hollypark
W
GAR4
Additional Information
$0
$0
$0
$0
$0
4133
: Gated
: Two
: Landscaped
5
2025-07-01
2
2
Broker/Agent Information
CB Richard Ellis, Inc.
Adam Peterson
Listing Information
CLW-X86252
CLW-X74295
Active
2025-08-11T23:42:27Z
CRMLS
: Standard
2025-07-01T00:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us