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  • Property Type
    MultifamilyProperty Type
  • Year Built
    2016Year Built
  • Total Units
    22Total Units
  • Avg. Unit Size (SF)
    1,432 SFAvg. Unit Size (SF)
  • Asking Price
    $10,750,000Asking Price
  • NOI
    $537,873NOI

Description

5026 Rosewood Avenue is a 22-unit mid-rise multifamily asset built in 2016 and situated on a 0.31-acre lot at the south edge of Larchmont Village, bordering Melrose Hill and East Hollywood. Meticulously maintained and 97% occupied, the property delivers contemporary unit finishes across an average 1,432-square-foot floor plan, complemented by controlled elevator access, gated entry, covered parking for 40 vehicles (1.27 stalls per 1,000 square feet), EV charging stations and secure bike storage.

Offered at $10,750,000 ($488,636 per unit / $341.20 per square foot), the asset generates...

Documents

Offering Summary

  • Asking Price
    $10,750,000
  • Price PSF
    $341
  • Price/Unit
    $488,636

Sale Details

  • Cap Rate
    5.0%
  • NOI
    $537,873
  • Return-on-Cost
    4.22%
  • Stabilized Cap Rate
    5.91%
  • Stabilized NOI
    $635,582
  • In-Place Cap Rate
    5.0%
  • In-Place NOI
    $537,873
  • GRM
    13.19
  • Potential GRM
    11.68
  • Cash-on-Cash
    2.39%
  • In-Place Rents
    3,088
  • Market Rents
    3,485

Documents

Property Address

5026 Rosewood Avenue
Los Angeles, CA 90004

Property Details

  • Property Type
    Multifamily
  • Total Units
    22
  • Occupancy
    97%
  • Average Unit Size
    1,432 SF
  • Average Rent
    3,088 $/mo
  • Year Built
    2016
  • Parking Ratio
    1.27 per 1000 SF
  • Zoning
    LAR3/R3-1
  • APN
    5522-021-027

Property Details

  • Property Type
    Multifamily
  • Total Units
    22
  • Occupancy
    97%
  • Average Unit Size
    1,432 SF
  • Average Rent
    3,088 $/mo
  • Year Built
    2016
  • Parking Ratio
    1.27 per 1000 SF
  • Zoning
    LAR3/R3-1
  • APN
    5522-021-027

Deal Team

Filip Niculete profile image
Filip Niculete

Description

5026 Rosewood Avenue is a 22-unit mid-rise multifamily asset built in 2016 and situated on a 0.31-acre lot at the south edge of Larchmont Village, bordering Melrose Hill and East Hollywood. Meticulously maintained and 97% occupied, the property delivers contemporary unit finishes across an average 1,432-square-foot floor plan, complemented by controlled elevator access, gated entry, covered parking for 40 vehicles (1.27 stalls per 1,000 square feet), EV charging stations and secure bike storage.

Offered at $10,750,000 ($488,636 per unit / $341.20 per square foot), the asset generates...

Documents

Offering Summary

  • Asking Price
    $10,750,000
  • Price PSF
    $341
  • Price/Unit
    $488,636

Sale Details

  • Cap Rate
    5.0%
  • NOI
    $537,873
  • Return-on-Cost
    4.22%
  • Stabilized Cap Rate
    5.91%
  • Stabilized NOI
    $635,582
  • In-Place Cap Rate
    5.0%
  • In-Place NOI
    $537,873
  • GRM
    13.19
  • Potential GRM
    11.68
  • Cash-on-Cash
    2.39%
  • In-Place Rents
    3,088
  • Market Rents
    3,485

Documents

Property Address

5026 Rosewood Avenue
Los Angeles, CA 90004

Property Details

  • Property Type
    Multifamily
  • Total Units
    22
  • Occupancy
    97%
  • Average Unit Size
    1,432 SF
  • Average Rent
    3,088 $/mo
  • Year Built
    2016
  • Parking Ratio
    1.27 per 1000 SF
  • Zoning
    LAR3/R3-1
  • APN
    5522-021-027

Property Details

  • Property Type
    Multifamily
  • Total Units
    22
  • Occupancy
    97%
  • Average Unit Size
    1,432 SF
  • Average Rent
    3,088 $/mo
  • Year Built
    2016
  • Parking Ratio
    1.27 per 1000 SF
  • Zoning
    LAR3/R3-1
  • APN
    5522-021-027

Deal Team

Filip Niculete profile image
Filip Niculete
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