The Alex is a meticulously renovated 16-unit multifamily property located at 4938 Rosewood Avenue in the thriving Northeast Los Angeles market. This fully upgraded asset blends modern design with functional layouts, offering residents spacious interiors, contemporary finishes, and enhanced amenities. Positioned in a neighborhood known for its strong rental demand and cultural vibrancy, The Alex provides investors with immediate stable cash flow at a 4.5% cap rate, along with meaningful upside through continued rent growth and operational efficiencies. With a proven track record of high occupancy and tenant satisfaction, this turnkey property is an exceptional opportunity for investors seeking durable income and long-term value in a dynamic submarket.
For sale
$8,968,750
4938 Rosewood Ave, Los Angeles, CA 90004
28beds
28baths
16,314sqft
Est.:
Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$550/sqft
$-- HOA
What's special
Functional layoutsEnhanced amenitiesContemporary finishesSpacious interiorsModern design
- 16 days
- on Zillow |
- 158 |
- 8 |
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