2681 Roseview Ave - Apartments FOR SALE


Los Angeles, CA 90065- Cypress Park
$3,200,000 USD
310-909-5444
2681 Roseview Ave, Los Angeles, CA for Sale
$3,200,000 USD
Apartments - FOR SALE
1/21
null | 5.07% Cap Rate

2681 Roseview Ave
Los Angeles, CA 90065
Cypress Park


HIGHLIGHTS

  • The Neema Group of Marcus & Millichap is pleased to present a multifamily investment opportunity at 2681 Roseview Ave
  • 2024 new construction fourplex located in the Cypress Park neighborhood of Los Angeles
  • This turnkey asset features a unit mix of two three-bedroom units and two four-bedroom units; one of the three-bedroom units will be delivered vacant
  • An ideal owner user opportunity or traditional investment with passive cash flow
  • Each of the units are townhouse style with multiple levels and each feature a private roof top deck
  • All utilities are separately metered

OVERVIEW

The Neema Group of Marcus & Millichap is pleased to present a multifamily investment opportunity at 2681 Roseview Ave, a 2024 new construction fourplex located in the Cypress Park neighborhood of Los Angeles between Cypress Ave & N San Fernando Rd. This turnkey asset features a unit mix of two three-bedroom units and two four-bedroom units; one of the three-bedroom units will be delivered vacant at the close of escrow, providing an ideal owner user opportunity or traditional investment with passive cash flow. Each of the units are townhouse style with multiple levels and each feature a private roof top deck; unit interiors were meticulously constructed with modern finishes including luxury vinyl plank flooring, in-unit washers and dryers, recessed lighting, custom kitchens, bathrooms, and cabinetry, and central air. There is covered parking with two spaces for each unit and all utilities are separately metered. Multiple exit strategies for a buyer including stabilizing and holding for cash flow, live in one and rent the others, or refinance once fully stabilized to enhance returns. Northeast Los Angeles infill fundamentals as the asset is located on the border of Cypress Park and Eagle Rock with quick access to DTLA, Highland Park, and major freeways – deep renter pool and limited competing new 4-unit supply.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$550 USD /SF

# OF UNITS

4

PRICE/UNIT

$800,000

CAP RATE

5.07%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,359 SF

ZONING

RD1.5-1-CDO-RIO

APN/PARCEL ID

5453-002-002

ASK ABOUT THIS PROPERTY

Neema AhadianMarcus & MillichapMore Info
310-909-5444

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Neema AhadianMarcus & MillichapMore Info
310-909-5444

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