4843 Rosewood Avenue

Los Angeles, CA 90004

$999,900
Price
6
Beds
3
Baths
1,984 Sq. Ft.
$504 / Sq. Ft.
1,984
Sq. Ft.
$504
per Sq. Ft.

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.
  1. Listed by Vinnie Park • DRE #02015848 • Brokerage DRE #01458187 • Keller Williams Larchmont

Property Details for 4843 Rosewood Avenue

Water Front
None
Zoning
LAR3
Parcel Number
5522018004
Total Units
3.0
Living Area
1984
Source Living Area
Vendor Enhanced
Area
Hancock Park-Wilshire
Vacancy Rate
0

Location

Listing Courtesy of Keller Williams Larchmont, Vinnie Park, DRE #02015848
Add your commute
LISTING UPDATED: 04/26/2024 12:01 AM

Property Details for 4843 Rosewood Avenue

StatusActive
MLS #24-381827
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1911
Lot Size0.17 AC / 7,260 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Larchmont, Vinnie Park, DRE #02015848
Add your commute

Building Information for 4843 Rosewood Avenue

Stories2Residences-Year Built1911Building Size-Lot Size0.17 AC / 7,260 SF

Payment Calculator

$6,589 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$1,132

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4843 Rosewood Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 1
  • Security Features: Fire and Smoke Detection System, Carbon Monoxide Detector(s), Fire Sprinklers
  • Direction Faces: South
  • Water Heaters: Yes
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1667
  • Lot Size Square Feet: 7260
  • Lot Size Dimensions: 50x145
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 6
  • Open Other Spaces Total: 6
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Refrigerator
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-18-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,560.00
  • Unit Actual Rent: $1,560.00
  • Unit Projected Rent: $2,850.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,248.00
  • Unit Actual Rent: $1,248.00
  • Unit Projected Rent: $2,850.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,456.00
  • Unit Actual Rent: $1,456.00
  • Unit Projected Rent: $2,850.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $321,660.00
  • Assessed Improvement Percent: 29.5
  • Assessed Land Value: $768,767.00
  • Assessed Land Percent: 70.5
  • Assessed Total Value: $1,090,427.00

Property History for 4843 Rosewood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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4843 Rosewood Avenue is a multi-family home for sale in Los Angeles, CA 90004. This property was listed for sale on April 18, 2024 by Keller Williams Larchmont, it's currently listed at $999,900. This listing's school district is Los Angeles Unified School District. Nearby schools include Van Ness Avenue Elementary School, Joseph Le Conte Middle School and Fairfax Senior High School. 4843 Rosewood Avenue is a 6-bed, 3-bath, 1,984 sqft multi-family home built in 1911.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Larchmont, Vinnie Park, DRE #02015848

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.