Los Angeles, CA 90004,4938 Rosewood Ave
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Los Angeles, CA 90004,4938 Rosewood Ave
Los Angeles, CA 90004,4938 Rosewood Ave
Los Angeles, CA 90004,4938 Rosewood Ave
Los Angeles, CA 90004,4938 Rosewood Ave
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$ 8,968,750
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4938 Rosewood Ave Los Angeles, CA 90004

28 Beds

28 Baths

16,314 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,314 sqft

Price per Sqft $549

MLS Listing ID 25569665

Bedrooms 28

Year Built 1962

Lot Size 0.333 Acres

Acres 0.3332

Property Sub-Type Multi-Family

Property Description

The Alex is a meticulously renovated 16-unit multifamily property located at 4938 Rosewood Avenue in the thriving Northeast Los Angeles market. This fully upgraded asset blends modern design with functional layouts, offering residents spacious interiors, contemporary finishes, and enhanced amenities. Positioned in a neighborhood known for its strong rental demand and cultural vibrancy, The Alex provides investors with immediate stable cash flow at a 4.5% cap rate, along with meaningful upside through continued rent growth and operational efficiencies. With a proven track record of high occupancy and tenant satisfaction, this turnkey property is an exceptional opportunity for investors seeking durable income and long-term value in a dynamic submarket.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Ceiling Fan

Exterior

Parking Features None

Garage Spaces 17.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Dover Management Corp.

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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