CA > Los Angeles
Los Angeles, CA 90004,4955 Rosewood AVE
Los Angeles, CA 90004,4955 Rosewood AVE
Los Angeles, CA 90004,4955 Rosewood AVE
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$3,875,000
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0.33 Acres Lot
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4955 Rosewood AVE Los Angeles, CA 90004

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Jenny Wu

Jenny Wu

+1(909) 569-8888

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25119400

HOA Y/N No

Year Built 1959

Lot Size 0.331 Acres

Property Sub-Type Multi Family

Property Description

IKON Properties LA is proud to present 4955 Rosewood Ave—first time on the market—a well-maintained, two-story 18-unit multifamily property located in the highly desirable East Hollywood neighborhood of Los Angeles. Surrounded by some of the city's most dynamic and high-demand rental markets, the property offers proximity to Larchmont Village, Hollywood, Silver Lake, Koreatown, and Hancock Park. Built in 1959, the property offers 15,208 building square footage on a 14,345 square foot lot. The unit mix includes sixteen 1-bedroom/1-bath units, two 2-bedroom and 1 and a half bath units, providing a strong foundation for value-add potential. The building features assigned parking, a completed seismic retrofit, and roof improvements completed in November 2023, which included the replacement of two sections. This asset presents a rare investment opportunity with substantial upside. Due to long-term ownership, current rents are estimated to be approximately 80% below market, offering investors the opportunity to increase income by updating units and aligning rents with current market rates. Additionally, the price per unit and per square foot is below the neighborhood average, enhancing the overall value. With targeted renovations and rental repositioning, investors can unlock strong returns in a high-demand location. The property's close proximity to Larchmont Village and other amenities—including restaurants, entertainment, fitness centers, and retail—makes it highly attractive to tenants. It also provides excellent access to major employment hubs such as Hollywood, Downtown LA, Wilshire Center, Beverly Hills, and West Hollywood, with convenient transportation options nearby. As surrounding neighborhoods continue to grow and develop, 4955 Rosewood Ave offers a compelling opportunity for both immediate income growth and long-term appreciation—ideal for investors seeking value, stability, and future upside.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Interior

Heating Central

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Building

Lot Description 0-1 Unit/Acre

Story 2

Water Public

Others

Tax ID 5522017030

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by James Vanian • Luxury Collective • 818-262-6065

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agent

Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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4955 Rosewood AVE

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