5026 Rosewood Avenue

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 an in-place net operating income of $537,873, reflecting a 5.00% cap rate. With market rents averaging $3,485—approximately 13% above the current average in-place rent of $3,088—there is clear upside potential to drive stabilized NOI to $635,582 (5.91% cap), lower the gross rent multiplier from 13.19x to an estimated 11.68x and enhance overall return metrics.

This strategically positioned property benefits from robust rental demand among young professionals and families drawn to the walkable shops, cafés and parks of Larchmont Village, while offering swift access to the broader West Hollywood, Koreatown and Downtown Los Angeles employment centers. Proximity to multiple Metro bus corridors, the forthcoming Metro Purple Line extension and USC’s academic and medical campuses further bolster long-term tenancy stability and rent growth.

5026 Rosewood Avenue represents a turnkey, contemporary investment opportunity in one of Los Angeles’s most dynamic infill submarkets. Priced for value-add ownership, this property offers a solid income stream today with the flexibility to implement targeted rent increases, amenity enhancements and operational efficiencies to maximize investor returns.