Log In/Sign Up
Your email has been sent.
10815 Rose Ave 7 Unit Apartment Building $2,800,000 ($400,000/Unit) 5.06% Cap Rate Los Angeles, CA 90034
Investment Highlights
- Large Units (970sf avg)
- Select Units Recently Upgraded
- Soft Story Retrofit Completed
- 2-story, 3 Bed / 2 Bed Townhome Unit (1,300 sf)
- Upgraded Panels
- 20%+ Mark-to-Market
Executive Summary
Seven large units on one of the nicest streets in
Palms, Rose Avenue, between Overland Avenue and Sepulveda
Boulevard. Surrounded by institutional-quality assets
in a prime Westside location, 10815 Rose Avenue is
an outstanding opportunity to secure a growth asset
with strong current rents in a low-turnover market.
Oversized, home-like units offer varied floor plans and
distinct features including built-ins, dining rooms, bar
areas, and library/entryway nooks. With one-bedrooms
averaging over 900 SF and a 1,300 SF three-bedroom,
two-bath townhome, the units offer strong potential
for renovation-driven rent premiums. Ample parking,
private yards, patios, and balconies add to the
building’s appeal.
Palms, Rose Avenue, between Overland Avenue and Sepulveda
Boulevard. Surrounded by institutional-quality assets
in a prime Westside location, 10815 Rose Avenue is
an outstanding opportunity to secure a growth asset
with strong current rents in a low-turnover market.
Oversized, home-like units offer varied floor plans and
distinct features including built-ins, dining rooms, bar
areas, and library/entryway nooks. With one-bedrooms
averaging over 900 SF and a 1,300 SF three-bedroom,
two-bath townhome, the units offer strong potential
for renovation-driven rent premiums. Ample parking,
private yards, patios, and balconies add to the
building’s appeal.
Property Facts
| Price | $2,800,000 | Apartment Style | Low-Rise |
| Price Per Unit | $400,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 5.06% | Building Size | 6,830 SF |
| Gross Rent Multiplier | 12.2 | Average Occupancy | 85% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1969/2025 |
| Property Subtype | Apartment | ||
| Zoning | LAR3 | ||
| Price | $2,800,000 |
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| Cap Rate | 5.06% |
| Gross Rent Multiplier | 12.2 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,830 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2025 |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Cable Ready
- High Speed Internet Access
- Satellite TV
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4254-017-031 | Improvements Assessment | $2,766,922 |
| Land Assessment | $1,749,832 | Total Assessment | $4,516,754 |
Property Taxes
Parcel Number
4254-017-031
Land Assessment
$1,749,832
Improvements Assessment
$2,766,922
Total Assessment
$4,516,754
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
10815 Rose Ave