4938 Rosewood Avenue, Los Angeles, CA 90004
- $8,968,750
- 28
- BD
- 28
- BA
- 16,314
- SqFt
- List Price
- $8,968,750
- Status
- ACTIVE
- MLS#
- 25569665
- Year Built
- 1962
- Bedrooms
- 28
- Bathrooms
- 28
- Living Sq. Ft
- 16,314
- Lot Size
- 14,516
- Acres
- 0.33
- Days on Market
- 57
- Property Type
- Multifamily
- Stories
- Multi Level
Property Description
The Alex is a meticulously renovated 16-unit multifamily property located at 4938 Rosewood Avenue in the thriving Northeast Los Angeles market. This fully upgraded asset blends modern design with functional layouts, offering residents spacious interiors, contemporary finishes, and enhanced amenities. Positioned in a neighborhood known for its strong rental demand and cultural vibrancy, The Alex provides investors with immediate stable cash flow at a 4.5% cap rate, along with meaningful upside through continued rent growth and operational efficiencies. With a proven track record of high occupancy and tenant satisfaction, this turnkey property is an exceptional opportunity for investors seeking durable income and long-term value in a dynamic submarket.
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Additional Information
- Heat
- Wall Furnace
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Detached
- Number Of Units Total
- 16
Listing courtesy of Listing Agent: Douglas Steinriede (listings@doverla.com) from Listing Office: Dover Management Corp..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.