835 W Rosecrans Avenue, Gardena, CA 90247
- $14,885,000
- List Price
- $14,885,000
- Price Change
- ▼ $895,000 1781835374
- Status
- ACTIVE
- MLS#
- SB26113877
- Year Built
- 1966
- Lot Size
- 53,990
- Acres
- 1.24
- Lot Location
- Lot Over 40000 Sqft
- Days on Market
- 59
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Three Or More Levels
Property Description
The subject property is a 95 unit apartment complex located in the City of Los Angeles (Gardena Post Office). The property has secured gated parking for 85 vehicles. The unit mix consists of a 2 bedroom 1 bath manager's unit, 57 1 bedroom 1 bath units, and 37 Singles. This is an all electric building, and the building is master metered. The amenities include a large courtyard with a swimming pool, a workout room equipped with various equipment, and laundry facilities onsite. The property has gone through renovation of many of the units and the exterior was painted in 2026. Many of the rents have upside potential, with a majority of the unit rents at market due to the strong demand in the area for apartment rentals. Gardena is centrally located in the South Bay submarket of Los Angeles, with many employers in the area due to its proximity to the Ports of Los Angeles and Long Beach. Rosecrans Apartments has convenient access to downtown Los Angeles and Long Beach via the 110 and 405 Freeways as well as the 105 Freeway. FULL OFFERING MEMORANDUM AND RENT ROLL ARE ATTACHED AS SUPPLEMENTAL ATTACHMENTS
Additional Information
- Pool
- Yes
- Pool Description
- In Ground, Private
- Heat
- Electric
- Exterior Construction
- Block, Stucco
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 95
- Gross Scheduled Income
- $1,617,972
- Operating Expense
- 662000
Listing courtesy of Listing Agent: Stephen Lampe (slampe@remaxcir.com) from Listing Office: Re/Max Commercial & Investment.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.