2901 Rosecrans Ave
Gardena, CA 90249
Active for $1,350,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 6,898 sqft
MLS | SB25003568 |
Year Built | 1958 |
Property Type | Apartment |
County | Los Angeles |
Status | Active |
Active | $1,350,000 |
Structure Size | N/A sqft |
Lot Size | 6,898 sqft |
Beds | N/A |
Baths | N/A |
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.
Listing information courtesy of: Stephen Takahashi, Lyon Stahl Investment Real Estate, Inc. 310.491.7916. *Based on information from the Association of REALTORS/Multiple Listing as of 01/09/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.