$1,229,800
$1,250,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
2901 Rosecrans Ave Gardena, CA 90249
6,899 Sqft Lot
Key Details
Sold Price $1,229,800
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25003568
Sold Date 04/02/25
HOA Y/N No
Year Built 1958
Lot Size 6,899 Sqft
Property Sub-Type Apartment
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
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 5
Pool None
Community Features Sidewalks, Urban
Total Parking Spaces 5
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4059019030
Energy Description 260.0
Acceptable Financing Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Assumed
Special Listing Condition Standard
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Bought with Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc.
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