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East Hollywood Multifamily Investment Opportunity
For Sale
$3,785,000

4955 Rosewood Avenue, Los Angeles, CA 90004

Well-maintained 18-unit multifamily property in desirable East Hollywood neighborhood.

Property Size15,208 SF
Price / SF$248.88
Days on Market464

Property Features for 4955 Rosewood Avenue

General Information

Standard status Active
Size 15,208 SF

Building Details

Year Built 1959
Listing Agency: LUXURY COLLECTIVE
Listed By: JAMES VANIAN
Source: Corcoran
Added: May 30, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 LUXURY COLLECTIVE

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Carpet & Flooring Store Nursing Home (Bike/Boat/Book/etc) Store Garden Center Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,983
Businesses Nearby

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

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 Avenue 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.
More about this property
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