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Property Detail

Property Detail

Property Detail

4955 Rosewood, Los Angeles, CA 90004

4955 Rosewood, Los Angeles, CA 90004

$3,785,000 LOGIN TO SAVE

Bedrooms: 0

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Bathrooms: 0

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Area: 0 SqFt.

    Description

    IKON Properties LA is proud to present 4955 Rosewood Ave—first time on the market—a well-maintained, two-story 18-unit multifamily property located in the highly desirable East Hollywood neighborhood of Los Angeles. Surrounded by some of the city's most dynamic and high-demand rental markets, the property offers proximity to Larchmont Village, Hollywood, Silver Lake, Koreatown, and Hancock Park. Built in 1959, the property offers 15,208 building square footage on a 14,345 square foot lot. The unit mix includes sixteen 1-bedroom/1-bath units, two 2-bedroom and 1 and a half bath units, providing a strong foundation for value-add potential. The building features assigned parking, a completed seismic retrofit, and roof improvements completed in November 2023, which included the replacement of two sections. This asset presents a rare investment opportunity with substantial upside. Due to long-term ownership, current rents are estimated to be approximately 80% below market, offering investors the opportunity to increase income by updating units and aligning rents with current market rates. Additionally, the price per unit and per square foot is below the neighborhood average, enhancing the overall value. With targeted renovations and rental repositioning, investors can unlock strong returns in a high-demand location. The property’s close proximity to Larchmont Village and other amenities—including restaurants, entertainment, fitness centers, and retail—makes it highly attractive to tenants. It also provides excellent access to major employment hubs such as Hollywood, Downtown LA, Wilshire Center, Beverly Hills, and West Hollywood, with convenient transportation options nearby. As surrounding neighborhoods continue to grow and develop, 4955 Rosewood Ave offers a compelling opportunity for both immediate income growth and long-term appreciation—ideal for investors seeking value, stability, and future upside.

    Features​

    • 2 Stories
    • Heating: Central

    Steve and Diana Lincoln

    Call or Text Steve: (760) 707-6033​​​​​​​​​​​​​​

    ​​​​​​​Call or Text Diana: (760) 707-6034

    Follow Us

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    Contact

    CA DRE #01870580

    6965 El Camino Real 105-690, Carlsbad CA 92009

    877.692.8427

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    #1 Agent in Aviara

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2017 Sandicor®, Inc.

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