Filip Niculete
This listing was posted on RealtyWW.
$11,950,000
Home For Sale In Los Angeles, California
Price:
$11,950,000
BR/BA:
3 BR
Location:
5026 Rosewood Ave, Los Angeles, CA
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 NEST thermostat, a private balcony, and an in-unit washer and 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.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70898997
Property Type:
Single-Family Houses
Sq feet:
400 sq. ft.
Amenities:
Elevator, Gated, Patio/Deck, Storage, Tennis, Washer Dryer
Posted:
April 20 on RealtyWW
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a Three Bedroom Single-Family Homes for Sale at 5026 Rosewood Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 5026 Rosewood Ave by searching Oodle Classifieds for Three Bedroom Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a Three Bedroom Single-Family Homes for Sale at 5026 Rosewood Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 5026 Rosewood Ave by searching Oodle Classifieds for Three Bedroom Single-Family Homes for Sale in Los Angeles CA.