5026 Rosewood Avenue
5026 Rosewood Avenue
$11,950,000
50
45
31,506
31,506
$379
Description
We are is proud to present this newer construction 22-unit multifamily property located at 5026 Rosewood Ave, Los Angeles, CA 90004. Built in 2017, the property is 100% non-rent controlled. This 31,506 square foot property sits on a large 0.31-acre lot, and it boasts an excellent unit mix of (16) 2 bed units and (6) 3 bed units. The units are very large with the average unit being about 1,400 square feet. All units come with a full suite of new stainless-steel appliances, central HVAC system with...We are is proud to present this newer construction 22-unit multifamily property located at 5026 Rosewood Ave, Los Angeles, CA 90004. Built in 2017, the property is 100% non-rent controlled. This 31,506 square foot property sits on a large 0.31-acre lot, and it boasts an excellent unit mix of (16) 2 bed units and (6) 3 bed units. The units are very large with the average unit being about 1,400 square feet. All units come with a full suite of new stainless-steel appliances, central HVAC system with NEST thermostat, a private balcony, and an in-unit washer & dryer. The very secured and gated property has a subterranean parking lot operating by an automatic gate with ample parking and bicycle storage, and the tenants also have convenient access to an elevator serving all four floors. At $379 per square foot, this offering is priced below replacement cost, and it offers the buyer an estimated 16% upside potential on current rental income. Hancock Park is a distinguished and affluent neighborhood located in central Los Angeles, celebrated for its picturesque tree-lined streets and historic charm. This prime location offers a serene residential atmosphere while maintaining convenient access to the vibrant cultural and culinary offerings of nearby Hollywood and Downtown Los Angeles. With the prestigious Wilshire Country Club and the Los Angeles Tennis Club within its boundaries, Hancock Park is a highly desirable area for upscale living. This new 22-unit apartment building represents a unique investment opportunity in one of the city's most sought-after communities, perfect for discerning residents seeking both luxury and accessibility in the heart of Los Angeles.
- Listed by Filip Niculete • DRE #01905352 • Brokerage DRE #01240999 • Marcus & Millichap
- Listed by Glen Scher • DRE #01962976 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 5026 Rosewood Avenue
Zoning
LAR3
Parcel Number5522021027
Total Units22.0
Living Area31506
Source Living AreaVendor Enhanced
AreaHancock Park-Wilshire
Vacancy Rate3%
Lot Size Area13482
Location
LISTING UPDATED: 04/26/2024 12:01 AM
Property Details for 5026 Rosewood Avenue
Status | Active |
---|---|
MLS # | 24-381943 |
Days on Market | 32 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2017 |
Lot Size | 0.31 AC / 13,482 SF |
County | Los Angeles County |
Building
Location
Building Information for 5026 Rosewood Avenue
Stories5Residences-Year Built2017Building Size-Lot Size0.31 AC / 13,482 SF
Payment Calculator
$75,512 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5026 Rosewood Avenue
Property History for 5026 Rosewood Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5026 Rosewood Avenue
Taxable ValueLand$2,198,306Additions$7,824,850Total$10,023,156
Tax Record2023$123,552 ($10,296 / month)
Home Facts
Total Finished SqFt31,506 SqFtAbove Grade Finished SqFt31,506 SqFtLot Size13,478 SqFtStyleMulti-Family Res (5+ Units)Year Built2016ZoningLAR3CountyLOS ANGELESAPN5522-021-027
Schools near 5026 Rosewood Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Van Ness Avenue Elementary School PublicK to 5 | ||
Joseph Le Conte Middle School Public6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
Richard A. Alonzo Community Day School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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