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$ 3,099,000
Est. payment | /mo
16 Beds
19 Baths
6,208 Sqft Lot
$ 3,099,000
Est. payment | /mo
16 Beds
19 Baths
6,208 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26105451
Bedrooms 16
Lot Size 6,208 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
4511 Rosewood Ave is 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 6.95% 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 Koreatowns 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 ma
Location
State CA
County Los Angeles
Zoning Builder
Direction From the 101, exit at Western Ave & head south. Turn right on Rosewood Ave, property sits just east of Western in a prime rental
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5521020004
Virtual Tour https://www.myunits.com/buy/4511rosewood
Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "