11060-11070 Rose Ave - Apartments FOR SALE


Los Angeles, CA 90034- Palms
$4,000,000 USD
323-405-2310
11060-11070 Rose Ave, Los Angeles, CA for Sale
$4,000,000 USD
Apartments - FOR SALE
1/8
null | 5.27% Cap Rate

11060-11070 Rose Ave
Los Angeles, CA 90034
Palms


OVERVIEW

Ideal Mix of Spacious 2-Bedroom and 1-Bedroom Units, Averaging Over 1,000 SF Each! Tactful Updates Have Been Made & Select Units Include Private Balconies, a Bonus Room, Fireplaces, and More! Seismic Retrofit Has Been Completed! Classic 1960s Spanish Revival Architecture with Timeless Curb Appeal, Red Clay Tile Accents, and Wrought Iron Detailing. Charming, Lush Landscaping Creates A Beautiful And Welcoming Community Environment. Proudly Owned and Meticulously Maintained by Current Ownership for Over 30 Years! Abundant Parking & On-Site Laundry Room Featuring Two Washers and Two Dryers for Resident Convenience. Approximately 37% Rental Upside Through Turnover and Strategic Renovations, Offering Substantial Income Growth Potential!

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$247 USD /SF

# OF UNITS

15

PRICE/UNIT

$266,667

CAP RATE

5.27%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rose Avenue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,502 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

4251-027-029

ASK ABOUT THIS PROPERTY

Adam EstrinFred Leeds PropertiesMore Info
323-405-2310

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Adam EstrinFred Leeds PropertiesMore Info
323-405-2310

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.