4160 Rosewood Ave 31 Unit Apartment Building $3,650,000 ($117,742/Unit) 7.08% Cap Rate Los Angeles, CA 90004

Kidder Mathews, as exclusive listing agent, is pleased to present 4160 Rosewood Avenue, a 31-unit apartment community located in a desirable East Hollywood neighborhood, offered for sale for the first time in over 30 years.
THE ASSET
4160 Rosewood Ave is a 31-unit apartment community providing investors with an attractive combination of strong in-place cash flow and future value-add potential. The Property is offered at an attractive basis of approximately $117,000 per unit and $204 per SF while delivering an impressive 7.08% going-in cap rate and 7.77 current GRM.
The Property offers a secure living environment for residents, featuring gated entry with a call-panel access system, surveillance cameras, mature landscaping, and on-site parking. Additional building amenities and infrastructure include separate gas and electric metering, helping to minimize owner-paid utility expenses.
A significant value-add opportunity exists within the Property's massive basement area, which features exterior access and an existing bathroom. This space may present a compelling opportunity for future ADU conversion, subject to buyer investigation and municipal approvals. Additional ADU development potential may also exist within the current parking configuration. With approximately 30% upside in rental income achievable through unit turnover and interior renovations, 4160 Rosewood Ave presents investors with a rare opportunity to acquire a well-located asset offering both immediate cash flow and long-term value creation potential.
THE NEIGHBORHOOD
4160 Rosewood Ave is ideally located in East Hollywood, one of Los Angeles' most centrally positioned and transit-oriented rental submarkets. Residents enjoy convenient access to Hollywood, Koreatown, Silver Lake, Los Feliz, and Downtown Los Angeles, placing the Property near many of the city's premier employment, dining, entertainment, and cultural destinations.
The Property is within walking distance of the Braille Institute Los Angeles Campus and Headquarters, Los Angeles City College, and the Vermont/Beverly Metro B Line Station, just a nine-minute walk away, providing direct rail access to Downtown Los Angeles, Hollywood, North Hollywood, and beyond. The neighborhood also benefits from excellent connectivity via major transportation corridors, along with an extensive selection of neighborhood-serving retail, restaurants, cafés, and entertainment venues.
East Hollywood's central location, transit accessibility, relative affordability, and proximity to major lifestyle and employment centers continue to attract a diverse tenant base. Supported by strong surrounding fundamentals and consistent housing demand, the neighborhood remains one of Los Angeles' most compelling multifamily investment markets.