4513 Rosewood Ave - Apartments FOR SALE


Los Angeles, CA 90004- East Hollywood
$3,399,000 USD
818-859-7242
4513 Rosewood Ave, Los Angeles, CA for Sale
$3,399,000 USD
Apartments - FOR SALE
1/16
null | 6.22% Cap Rate

4513 Rosewood Ave
Los Angeles, CA 90004
East Hollywood


HIGHLIGHTS

  • 36 Month Master Lease in place = rental stability + little to no expenses.
  • Outstanding projected cap rate of 6.22%! Cash cow.
  • Perfectly situated between two of LA’s most in-demand neighborhoods, the iconic charm of Larchmont Village and the buzzing energy of Koreatown.
  • Ideal unit mix of four 4-bedroom untis , and one 3-bedroom unit. High income producing property!
  • All units separately metered for electric AND water (no gas on property)! Very low expenses!

OVERVIEW

The 5+ Unit Specialists are pleased to present 4513 Rosewood Ave, a brand new, fully leased, NON RENT CONTROLLED 2025 five unit luxury community perfectly positioned between two of Los Angeles’ most desirable neighborhoods, the iconic charm of Larchmont Village and the buzzing energy of Koreatown. Now operating under a 36 month master lease with a professional operator serving the high demand travel nurse and medical placement market, this turnkey asset delivers a true 6.22% cap rate with reliable income and minimal expenses. Set on a rapidly developing street with standout curb appeal, the property features five MASSIVE units, three oversized 4 bedroom and 4.5 bathroom tri level townhomes, one equally impressive 4 bedroom and 4 bathroom unit, and one highly rentable 3 bedroom and 3 bathroom unit. All homes offer private entrances, highly functional layouts, and are separately metered for utilities. A full 1 year builder warranty further ensures low maintenance and long term stability. Luxury details include designer tilework, custom cabinetry, stainless steel appliances, oversized kitchens, high ceilings, balconies, large closets, and expansive windows that fill the homes with natural light. Drought tolerant landscaping, ample parking, and modern finishes further elevate tenant appeal. Why it stands out: The boutique charm of Larchmont combined with Koreatown’s culture, dining, and Metro access create a rental environment with consistent absorption. With a long term master lease secured by a vetted operator catering to a recession resistant medical housing niche, this investment offers immediate cash flow, hands off management, and a rare opportunity to own a trophy asset in one of the strongest rental corridors in Los Angeles.

FOR SALE DETAILS

PRICE

$3,399,000 USD

PRICE/SF

$414 USD /SF

# OF UNITS

5

PRICE/UNIT

$679,800

CAP RATE

6.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2025. 5-UNIT, MASTER LEASE IN PLACE 6.22% CAP

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,208 SF

ZONING

LAR3

APN/PARCEL ID

5521-020-004

ASK ABOUT THIS PROPERTY

Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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