Turnkey 16-Unit Multifamily
4938 Rosewood Ave Los Angeles, CA 90004
4938 Rosewood Ave, Los Angeles, CA, 90004
$6,150,000
For Sale
$6,150,000
Renovated 16-unit apartment building with completed soft-story retrofit and 30 on-site parking spaces.
Property Size16,314 SF
Price / SF$376.98
Days on Market126
Property Features for 4938 Rosewood Ave
General Information
- Standard status
- Active
- Size
- 16,314 SF
- Property subtype
- MULTI_FAMILY
Building Details
- Year Built
- 1962
Listing agency
Marcus & Millichap
(310) 909-5444
Listed by
Neema Ahadian · License #(S):CA:01346750
Source
Benbelack
Added: Mar 19 Updated: Jul 21 at 7:58AM Checked: Jul 21 at 7:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Investment Insights
Based on property information with market context.
The Alex is a 16-unit multifamily investment property offering a mix of four one-bedroom units, ten two-bedroom units, and two three-bedroom units. Ownership has completed extensive interior renovations across the units, including hardwood flooring, modern kitchens with updated cabinetry and tile backsplashes, recessed lighting, stainless steel appliances, contemporary lighting fixtures, portable AC units, updated bathrooms, and in-unit stacked washers and dryers. Many units also include private patios or balconies.
The property is fully parked with 14 tandem spaces and two single spaces, totaling 30 parking spaces. Exterior capital improvements include façade renovations, a new intercom and camera system, electrical building rewire, and copper plumbing throughout. The soft-story retrofit has been completed, and the building features shared outdoor areas including a common-area backyard with BBQ, turf, and seating, as well as a central courtyard with additional seating.
The building’s positioning within the Larchmont area is described as being just south of Melrose Avenue, between North Wilton Place and Western Avenue, with convenient access to retail and dining along Western Avenue and Melrose Avenue.
The property is fully parked with 14 tandem spaces and two single spaces, totaling 30 parking spaces. Exterior capital improvements include façade renovations, a new intercom and camera system, electrical building rewire, and copper plumbing throughout. The soft-story retrofit has been completed, and the building features shared outdoor areas including a common-area backyard with BBQ, turf, and seating, as well as a central courtyard with additional seating.
The building’s positioning within the Larchmont area is described as being just south of Melrose Avenue, between North Wilton Place and Western Avenue, with convenient access to retail and dining along Western Avenue and Melrose Avenue.
Key Highlights
- 16‑unit multifamily building built in 1962 at 4938 Rosewood Ave, Larchmont (Los Angeles).
- Completed soft‑story retrofit and extensive renovations to all units, including modern kitchens, recessed lighting, and updated bathrooms.
- Unit mix: four 1‑bedroom, ten 2‑bedroom, and two 3‑bedroom units, with in‑unit stacked washers and dryers and portable AC.
Property Analytics
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FAQs
What type of property is this?
Apartment building - Renovated 16-unit apartment building with completed soft-story retrofit and 30 on-site parking spaces.
Where is this apartment building located?
The property is located at 4938 Rosewood Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,150,000.
What are key features of this property?
This property features: 16‑unit multifamily building built in 1962 at 4938 Rosewood Ave, Larchmont (Los Angeles).; Completed soft‑story retrofit and extensive renovations to all units, including modern kitchens, recessed lighting, and updated bathrooms.; Unit mix: four 1‑bedroom, ten 2‑bedroom, and two 3‑bedroom units, with in‑unit stacked washers and dryers and portable AC.
