4114 Rosewood Avenue

Los Angeles, CA 90004

$4,800,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Built in 1953, this 18-unit property totals 12,917 SF nestled in the middle of Koreatown and East Hollywood. The building features one-bedroom and two-bedroom units, many of which have been renovated. This offering presents an investor the opportunity to purchase a well-maintained property with stable cash flow. At the asking price, the price per unit is $269,444 with a 4.70% CAP rate and 13.39 GRM on current income. Newly renovated units include new flooring, granite counter tops and large new windows...

Amenities

Parking Included

Location

Listing Courtesy of Marcus & Millichap, Neema Ahadian, DRE #01346750

Sold By Marcus & Millichap, Neema Ahadian, DRE #01346750

Building Information for 4114 Rosewood Avenue

Stories2Residences-Year Built1953Building Size-Lot Size0.34 AC / 14,852 SF

Payment Calculator

$17,265 per month

30 year fixed, 3.51% Interest

Principal and Interest

$17,265

Property Taxes

HOA Dues

$0

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Property Information for 4114 Rosewood Avenue

Property Features
    Interior Features
  • Total Units: 18.0
    Parking Info
  • Parking: Yes
  • Parking Features: Uncovered
Property / Structure Info
    Property / Structure Info
  • Parcel Number: 5520017022
  • Property Type: Residential Income
  • Stories Total: 2
  • Year Built: 1953
Community/Development / Location Info
    School/Location Info
  • Status: Closed
  • Zip Code: 90004
  • Street Number Numeric: 4114.0
  • Street Name: ROSEWOOD
  • Street Suffix: Avenue
  • County Or Parish: Los Angeles
  • Directions: Destination is located on the left-hand side of Rosewood Avenue.
  • MLS Area Major: Mid-Wilshire (C17)
    Association Information
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Rate: 1.17
  • Zoning: LAR4
    Income Details
  • Gross Income: $362,088
  • Gross Multiplier: 13.39
  • Gross Operating Income: $351,225
  • Net Operating Income: $228,108
Unit Information
    Multi-Unit Info
  • Number Of Buildings: 1
Rental Info
    Rental Info
  • Total Actual Rent: $29,573
Land/Lot Info
    Land/Lot Info
  • Lot Size Acres: .34
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 14852
  • Lot Size Units: Square Feet
Listing / Showing Information / Virtual Tour
    Showing Info
  • List Price: 4800000.0

Property History for 4114 Rosewood Avenue

DateEvent & SourcePriceAppreciation
Feb 14, 2020

Sold

CRMLS #19536954

$4,800,000
Jan 15, 2020

Pending

CRMLS #19536954

Dec 12, 2019

Listed (Active)

CRMLS #19536954

$4,850,000
DateEvent & SourcePrice
02/14/2020

Sold

CRMLS #19536954

$4,800,000
01/15/2020

Pending

CRMLS #19536954

12/12/2019

Listed (Active)

CRMLS #19536954

$4,850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4114 Rosewood Avenue

Taxable ValueLand$2,228,536Additions$955,087Total$3,183,623
Tax Record2018$39,029
Home Facts
Beds20Finished Sq.Ft.12,917 SqFtLot Size43,560 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLAR4CountyLOS ANGELESAPN5520017022

Schools near 4114 Rosewood Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Alexandria Avenue Elementary SchoolPublicK-50.3 mi
3
Virgil Middle SchoolPublic6-80.4 mi
5
Central City Value SchoolCharter9-120.4 mi
6
Blind Childrens Center, Inc.PrivateK-20.4 mi
NR

Alexandria Avenue Elementary School

K-5, 0.3 mi, Public

3

Virgil Middle School

6-8, 0.4 mi, Public

5

Central City Value School

9-12, 0.4 mi, Charter

6

Blind Childrens Center, Inc.

K-2, 0.4 mi, Private

NR

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.

Property Details for 4114 Rosewood Avenue

StatusSold
MLS #19536954
Year Built1953
DOM34
Compass TypeMulti Family
MLS TypeResidential Income
Lot Size0.34 AC / 14,852 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Neema Ahadian

Marcus & Millichap

nahadian@marcusmillichap.com

P: 310.909.5500

DRE #01346750

Contact Agent(s)

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Marcus & Millichap, Neema Ahadian, DRE #01346750
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