2901 W Rosecrans Ave - Apartments FOR SALE


Gardena, CA 90249
$1,350,000 USD
310-403-9145
2901 W Rosecrans Ave, Gardena, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/29
null | 4.98% Cap Rate

2901 W Rosecrans Ave
Gardena, CA 90249


HIGHLIGHTS

  • Good unit mix: (1) 3-bedroom/2-bath & (4) 1-bedroom/1-bath
  • Great Interest Only Assumable Financing
  • Nice pocket of Gardena located near many of Gardena’s hidden gems
  • Separately metered for gas and electricity | 5 tuck under parking spaces

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$327 USD /SF

# OF UNITS

5

PRICE/UNIT

$270,000

CAP RATE

4.98%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multifamily Investment Property in Gardena!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,874 SF

ZONING

GAR4

APN/PARCEL ID

4059-019-030

ASK ABOUT THIS PROPERTY

Stephen TakahashiLyon Stahl Investment Real Estate, Inc.More Info
310-403-9145

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Stephen TakahashiLyon Stahl Investment Real Estate, Inc.More Info
310-403-9145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.