$15,780,000
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
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Listed by Stephen Lampe with Re/Max Commercial & Investment (310) 802-2500
Property Type
Apartment
Status
Active
MLS Number
SB26113877
Year Built
1966
Lot Size
1.24 acres