835 W Rosecrans Avenue, Gardena, CA 90247

$14,885,000

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List Agent Stephen Lampe () 310-880-1151 Re/Max Commercial & Investment; CoList ()

List Price
$14,885,000
Price Change
▼ $895,000 1781835374
Status
ACTIVE
MLS#
SB26113877
Year Built
1966
Lot Size
53,990
Lot Location
Lot Over 40000 Sqft
Days on Market
62
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

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.