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$14,885,000
Est. payment /mo
1.24 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26113877
HOA Y/N No
Year Built 1966
Lot Size 1.239 Acres
Property Sub-Type Apartment
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
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
Location
State CA
County Los Angeles
Area 116 - North Gateway
Interior
Heating Electric
Fireplace No
Laundry Common Area
Exterior
Pool In Ground, Private
Community Features Urban
Total Parking Spaces 85
Private Pool Yes
Building
Lot Description Lot Over 40000 Sqft
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 6119015016
Security Features Security Gate
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Stephen Lampe Re/Max Commercial & Investment slampe@remaxcir.com, DRE #01164364
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