2901 Rosecrans Ave, Gardena, CA 90249
- $1,229,800
- Sold Price
- $1,229,800
- List Price
- $1,250,000
- Closing Date
- Apr 02, 2025
- Status
- CLOSED
- MLS#
- SB25003568
- Year Built
- 1958
- Lot Size
- 6,898
- Acres
- 0.16
- Lot Location
- Rectangular Lot
- Days on Market
- 41
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
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.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $108,750
- Operating Expense
- 38322
Listing courtesy of Listing Agent: Stephen Takahashi (stephen@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Stephen Takahashi from Lyon Stahl Investment Real Estate, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.