4843 Rosewood Avenue
4843 Rosewood Avenue
$999,900
6
3
1,984
1,984
$504
Description
Don't miss out on this fantastic opportunity to acquire a sizable lot near Larchmont Village! Nestled on a serene, tree-lined street, this meticulously maintained triplex exudes charm and is situated in a welcoming neighborhood. Spanning an impressive 7,258 square feet, with dimensions of 50 feet by 145 feet, this property boasts a zoning designation of TOC Tier 2 R3. It's a prime prospect for small lot developers, offering ample potential as an end product. Under Tier 2 TOC (Transit Oriented Community)...Don't miss out on this fantastic opportunity to acquire a sizable lot near Larchmont Village! Nestled on a serene, tree-lined street, this meticulously maintained triplex exudes charm and is situated in a welcoming neighborhood. Spanning an impressive 7,258 square feet, with dimensions of 50 feet by 145 feet, this property boasts a zoning designation of TOC Tier 2 R3. It's a prime prospect for small lot developers, offering ample potential as an end product. Under Tier 2 TOC (Transit Oriented Community) guidelines, there's a significant 60% maximum increase permitted in the number of units, beyond what the zoning typically allows. In addition to its appeal for developers, there's also a tremendous opportunity for value creation by renovating the existing building and incorporating ADUs (Accessory Dwelling Units). This strategy can transform the property into a lucrative income-generating asset, offering an alternative to new construction. With the potential to maximize rental income through strategic renovations and additional units, this approach enhances the property's investment potential. Conveniently positioned near all amenities, including Larchmont Village, Paramount Studios, local grocery stores, restaurants, shopping outlets, and Melrose cafes. Plus, the proximity to the new Target development on Sunset & Western, just 4 minutes away, adds another layer of convenience.
- Listed by Vinnie Park • DRE #02015848 • Brokerage DRE #01458187 • Keller Williams Larchmont
Property Details for 4843 Rosewood Avenue
Water Front
None
ZoningLAR3
Parcel Number5522018004
Total Units3.0
Living Area1984
Source Living AreaVendor Enhanced
AreaHancock Park-Wilshire
Vacancy Rate0
Location
LISTING UPDATED: 04/26/2024 12:01 AM
Property Details for 4843 Rosewood Avenue
Status | Active |
---|---|
MLS # | 24-381827 |
Days on Market | 16 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1911 |
Lot Size | 0.17 AC / 7,260 SF |
County | Los Angeles County |
Location
Building Information for 4843 Rosewood Avenue
Stories2Residences-Year Built1911Building Size-Lot Size0.17 AC / 7,260 SF
Payment Calculator
$6,589 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4843 Rosewood Avenue
Property History for 4843 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 4843 Rosewood Avenue
Taxable ValueLand$768,767Additions$321,660Total$1,090,427
Tax Record2023$13,583 ($1,132 / month)
Home Facts
Total Finished SqFt1,984 SqFtAbove Grade Finished SqFt1,984 SqFtStories2Lot Size7,258 SqFtStyleTriplexYear Built1911ZoningLAR3CountyLOS ANGELESAPN5522-018-004
Schools near 4843 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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