4938 Rosewood Ave | Los Angeles, CA 90004
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- LoopNet Team
4938 Rosewood Ave
Los Angeles, CA 90004
The Alex · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- The Alex is a 100% occupied, 16-unit apartment building spanning 16,314 square feet among two stories.
- This 100% occupied MFR asset offers units ranging from 756 to 1,080 SF, enabling a solid future of consistent renters.
- In a premier investment neighborhood of Northeast LA, with multifamily vacancies of just 5.4% and 5-year average annual rent growth of 1.4%.
- In East Hollywood, The Alex is close to City College, LA Film School, and Southwestern Law School, catering to a prominent renter demand pool.
- Recently, the units have undergone interior updates with contemporary finishes and stainless-steel appliances.
PROPERTY FACTS
| No. Units | 16 | Building Size | 16,314 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | B | Parking Ratio | 1.04/1,000 SF |
| Lot Size | 0.33 AC | ||
| Zoning | LAR3 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 16,314 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.04/1,000 SF |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Oven
- Range
SITE AMENITIES
- Controlled Access
- Courtyard
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 765 |
| 2+2 | 10 | - | 1,000 - 1,075 |
| 3+2 | 2 | - | 1,080 |
PROPERTY TAXES
| Parcel Number | 5522-020-025 | Improvements Assessment | $1,222,142 |
| Land Assessment | $5,499,647 | Total Assessment | $6,721,789 |
PROPERTY TAXES
Parcel Number
5522-020-025
Land Assessment
$5,499,647
Improvements Assessment
$1,222,142
Total Assessment
$6,721,789
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