5 Beds
n/a Full bath
4,133SqFt
Active
2901 W Rosecrans Ave is a prime investment opportunity in a rapidly gentrifying area of Gardena, located near significant developments along Crenshaw and Van Ness. The property is well-maintained, with solid in-place rents and the potential for approximately 15% rental growth. The property includes an owner-occupied 3-bedroom/2-bathroom unit, as well as four (4) 1-bedroom/1-bathroom units. A savvy investor could take advantage of an assumable loan of approximately $450K at a favorable 3.07% interest rate, offering the flexibility to increase rents while deferring future interest rate changes. Additionally, the property is separately metered for gas and electricity, making it easy to manage. Tenants benefit from convenient access to highways and Gardena’s local amenities.
Property Details | ||
---|---|---|
Price | $1,350,000 | |
Bedrooms | 5 | |
Lot Size Area | 6898 | |
Lot Size Area Units | Square Feet | |
Acres | 0.1584 | |
Property Type | MultiFamily | |
Sub type | Apartment | |
MLS Sub type | Apartment | |
Stories | 2 | |
Exterior Features | Sidewalks,Urban | |
Year Built | 1958 | |
Lot Description | Rectangular Lot | |
Laundry Features | Common Area | |
Pool features | None | |
Parking Spaces | 5 | |
Garage spaces | 0 | |
Association Fee | 0 | |
Geographic Data | ||
Directions | Head northwest on Inglewood Ave toward W 160th St. Turn right onto Manhattan Beach Blvd | |
County | Los Angeles | |
Latitude | 33.90212 | |
Longitude | -118.324009 | |
Market Area | 114 - Hollypark | |
Address Information | ||
Address | 2901 Rosecrans Ave, Gardena, CA 90249 | |
Postal Code | 90249 | |
City | Gardena | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Lyon Stahl Investment Real Estate, Inc. | |
Listing Agent | Stephen Takahashi | |
Listing Agent Phone | 310-403-9145 | |
Attribution Contact | 310-403-9145 | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
Ownership | Community Apartment | |
MLS Information | ||
Days on market | 19 | |
MLS Status | Active | |
Listing Date | Jan 8, 2025 | |
Listing Last Modified | Jan 27, 2025 | |
Tax ID | 4059019030 | |
MLS Area | 114 - Hollypark | |
MLS # | SB25003568 |
This information is believed to be accurate, but without any warranty.