3794 Rosewood Ave Los Angeles, CA 90066-3580
- Apartment buildings
- 5,885 SF
- 0.14 lot acres
Apr 13, 2023
Current Use by Public Records
- Apartment buildings
Property Details for 3794 Rosewood Ave
- Year built
- 1957
- Lot size
- 0.14 lot acres
- Property size
- 5,885 SF
- Zone code
- LAR3
- Property type
- Apartment buildings
- APN
- 4245-019-001
- APU
- 4245019001
Description
This exceptional 8-unit apartment building presents a compelling investment opportunity in the desirable Los Angeles, CA market. Located at 3794 Rosewood Ave, 90066, this two-story property boasts a total of 5,885 square feet on a 0.138-acre lot. Built in 1957, the building features a mix of renovated and original units, with a current 100% occupancy rate. Five of the eight units have undergone extensive renovations, showcasing updated kitchens with shaker-style cabinets, quartz countertops, stainless steel appliances, and tile backsplashes. Bathrooms boast new tubs, toilets, subway tile, and shaker-style vanities with quartz countertops. These renovated units also feature new drywall, recessed dimmable lighting, durable wood-look ceramic tile flooring, new interior and closet doors, base molding, door trim, and wall heaters. Significant upgrades include new electrical panels (a 400-amp main panel installed in 2021), sub-panels, and electrical wiring in the renovated units, along with plumbing upgrades. Exterior improvements include fresh paint, replaced wood siding, and upgraded exterior lighting. The roof is in good condition. The property includes 5 parking spaces and is zoned LAR3. With a strong net operating income (NOI) of $129,810 and an asking price of $3,295,000, this property offers a price per square foot of $559.90. The building's excellent condition, high occupancy, and prime location make it an ideal addition to any investment portfolio. The property features a total of 10 bedrooms and 8 bathrooms. The APN is 4245-019-001.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,400,000
- ML approach
- $2,455,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,441,000
Market price range: $1.10M - $2.44M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.443
- Latitude
- 33.9991
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA