4557 Rosewood Ave - Apartments FOR SALE


Los Angeles, CA 90004- East Hollywood
$4,200,000 USD
213-802-0305
4557 Rosewood Ave, Los Angeles, CA for Sale
$4,200,000 USD
Apartments - FOR SALE
1/2
null | 5.49% Cap Rate

4557 Rosewood Ave
Los Angeles, CA 90004
East Hollywood


OVERVIEW

4557 Rosewood Avenue is a modern multifamily property constructed in 2021 and located in the vibrant East Hollywood submarket of Los Angeles. The property features spacious, well-designed units primarily comprised of three-bedroom, two-bathroom floor plans, catering to renters seeking larger layouts with contemporary finishes. Each unit includes stainless-steel appliances, in-unit washer and dryer, and ample storage. The gated property offers secured underground parking, additional storage, and a rooftop lounge with sweeping views of the Hollywood Sign and Downtown Los Angeles. The existing configuration allows for a straightforward increase in unit count from eight (8) to nine (9), providing an attractive value-add opportunity. Ideally positioned with convenient access to the 101 Freeway, public transportation, and major employment and lifestyle centers, the property is surrounded by highly desirable neighborhoods including Silver Lake, Los Feliz, Larchmont Village, Hollywood, Koreatown, and Wilshire. 4557 Rosewood Avenue offers investors a newer-construction asset with durable cash flow, minimal near-term capital needs, and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$269 USD /SF

# OF UNITS

8

PRICE/UNIT

$525,000

CAP RATE

5.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2021

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,949 SF

ZONING

LAR3

APN/PARCEL ID

5521-019-005

ASK ABOUT THIS PROPERTY

Sagiv RosanoRoman Group LLCMore Info
213-802-0305

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Sagiv RosanoRoman Group LLCMore Info
213-802-0305

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