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$1,250,000
Est. payment /mo
6,898 Sqft Lot
Contingent
2901 Rosecrans Ave Gardena, CA 90249
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UPDATED:
02/18/2025 05:44 PM
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRSB25003568
Originating Board California Regional MLS
Year Built 1958
Lot Size 6,898 Sqft
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.
Location
State CA
County Los Angeles
Area 114 - Hollypark
Interior
Laundry Laundry Area
Exterior
Garage Spaces 5.0
Pool None
Building
Water District - Public
Others
Tax ID 4059019030
Special Listing Condition Not Applicable , Accepting Backups

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Listed by Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc.