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:
$1,250,000
MLS #:
SB25003568
Status:
Active Under Contract
Baths:
0
Address:
2901 Rosecrans Ave
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
114hollypark
City:
Gardena
Listed Date:
Jan 6, 2025
State:
CA
ZIP:
90249
Lot Size:
6,898 sqft / 0.16 acres (approx)
Year Built:
1958
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Schools
Interior
Exterior
Community Features
Sidewalks, Urban
Garage Spaces
0.00
Lot Features
Rectangular Lot
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address2901 Rosecrans Ave Gardena CA
- Area114 – Hollypark
- CityGardena
- CountyLos Angeles
- Zip Code90249
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2901 Rosecrans Ave
Gardena, CA
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