4955 Rosewood Ave Los Angeles, CA 90004
Well-maintained 18-unit multifamily property in desirable East Hollywood neighborhood.
Property size:
15,208 SFProperty Features for 4955 Rosewood Ave
General Information
- Standard status
- Active
- Size
- 15,208 SF
Building Details
- Year built
- 1959
Source:
Corcoran
Listing Agent: James Vanian
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
East Hollywood Multifamily Investment Opportunity
Located in the highly desirable East Hollywood neighborhood of Los Angeles, this well-maintained, two-story multifamily property features 18 units. Constructed in 1959, the building offers 15,208 square feet of space on a 14,345 square foot lot. The unit mix includes sixteen 1-bedroom/1-bath units and two 2-bedroom/1.5-bath units. The property features assigned parking and a completed seismic retrofit. Roof improvements, including the replacement of two sections, were completed in November 2023. The property is located near Larchmont Village, Hollywood, Silver Lake, Koreatown, and Hancock Park, providing convenient access to restaurants, entertainment, fitness centers, and retail. It also offers excellent access to major employment hubs such as Hollywood, Downtown LA, Wilshire Center, Beverly Hills, and West Hollywood, with convenient transportation options nearby. This asset presents an investment opportunity with potential for income growth and long-term appreciation.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.31327
- Latitude
- 34.07942
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FAQs
What type of property is this?
Apartment building - Well-maintained 18-unit multifamily property in desirable East Hollywood neighborhood.
Where is this apartment building located?
The property is located at 4955 Rosewood Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,785,000.
What are key features of this property?
This property features: - Significant value-add potential: rents are estimated to be approximately 80% below market.; - Prime location in the highly desirable East Hollywood neighborhood, near Larchmont Village, Hollywood, Silver Lake, Koreatown, and Hancock Park.; - Below market price per unit and per square foot.