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4513 Rosewood Ave - 2025. 5-UNIT, MASTER LEASE IN PLACE 6.22% CAP 5 Unit Apartment Building Offered at $3,399,000 at a 6.22% Cap Rate Los Angeles, CA 90004



INVESTMENT HIGHLIGHTS
- ? 36 Month Master Lease in place = rental stability + little to no expenses.
- ? Perfectly situated between two of LA’s most in-demand neighborhoods, the iconic charm of Larchmont Village and the buzzing energy of Koreatown.
- ? All units separately metered for electric AND water (no gas on property)! Very low expenses!
- ? Outstanding projected cap rate of 6.22%! Cash cow.
- ? Ideal unit mix of four 4-bedroom untis , and one 3-bedroom unit. High income producing property!
EXECUTIVE SUMMARY
The 5+ Unit Specialists are pleased to present 4513 Rosewood Ave, a brand new, fully leased, NON RENT CONTROLLED 2025 five unit luxury community perfectly positioned between two of Los Angeles’ most desirable neighborhoods, the iconic charm of Larchmont Village and the buzzing energy of Koreatown. Now operating under a 36 month master lease with a professional operator serving the high demand travel nurse and medical placement market, this turnkey asset delivers a true 6.22% cap rate with reliable income and minimal expenses.
Set on a rapidly developing street with standout curb appeal, the property features five MASSIVE units, three oversized 4 bedroom and 4.5 bathroom tri level townhomes, one equally impressive 4 bedroom and 4 bathroom unit, and one highly rentable 3 bedroom and 3 bathroom unit. All homes offer private entrances, highly functional layouts, and are separately metered for utilities. A full 1 year builder warranty further ensures low maintenance and long term stability.
Luxury details include designer tilework, custom cabinetry, stainless steel appliances, oversized kitchens, high ceilings, balconies, large closets, and expansive windows that fill the homes with natural light. Drought tolerant landscaping, ample parking, and modern finishes further elevate tenant appeal.
Why it stands out: The boutique charm of Larchmont combined with Koreatown’s culture, dining, and Metro access create a rental environment with consistent absorption. With a long term master lease secured by a vetted operator catering to a recession resistant medical housing niche, this investment offers immediate cash flow, hands off management, and a rare opportunity to own a trophy asset in one of the strongest rental corridors in Los Angeles.
Set on a rapidly developing street with standout curb appeal, the property features five MASSIVE units, three oversized 4 bedroom and 4.5 bathroom tri level townhomes, one equally impressive 4 bedroom and 4 bathroom unit, and one highly rentable 3 bedroom and 3 bathroom unit. All homes offer private entrances, highly functional layouts, and are separately metered for utilities. A full 1 year builder warranty further ensures low maintenance and long term stability.
Luxury details include designer tilework, custom cabinetry, stainless steel appliances, oversized kitchens, high ceilings, balconies, large closets, and expansive windows that fill the homes with natural light. Drought tolerant landscaping, ample parking, and modern finishes further elevate tenant appeal.
Why it stands out: The boutique charm of Larchmont combined with Koreatown’s culture, dining, and Metro access create a rental environment with consistent absorption. With a long term master lease secured by a vetted operator catering to a recession resistant medical housing niche, this investment offers immediate cash flow, hands off management, and a rare opportunity to own a trophy asset in one of the strongest rental corridors in Los Angeles.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$258,000
|
$31.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$258,000
|
$31.41
|
| Taxes |
$40,360
|
$4.91
|
| Operating Expenses |
$6,128
|
$0.75
|
| Total Expenses |
$46,488
|
$5.66
|
| Net Operating Income |
$211,512
|
$25.75
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $258,000 |
| Annual Per SF | $31.41 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $258,000 |
| Annual Per SF | $31.41 |
| Taxes | |
|---|---|
| Annual | $40,360 |
| Annual Per SF | $4.91 |
| Operating Expenses | |
|---|---|
| Annual | $6,128 |
| Annual Per SF | $0.75 |
| Total Expenses | |
|---|---|
| Annual | $46,488 |
| Annual Per SF | $5.66 |
| Net Operating Income | |
|---|---|
| Annual | $211,512 |
| Annual Per SF | $25.75 |
PROPERTY FACTS
| Price | $3,399,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $679,800 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 8,213 SF |
| Cap Rate | 6.22% | Average Occupancy | 100% |
| Sale Condition | Build to Suit | No. Stories | 3 |
| Gross Rent Multiplier | 13.17 | Year Built | 2025 |
| No. Units | 5 | Parking Ratio | 0.97/1,000 SF |
| Property Type | Multifamily | ||
| Zoning | LAR3 | ||
| Price | $3,399,000 |
| Price Per Unit | $679,800 |
| Sale Type | Investment |
| Cap Rate | 6.22% |
| Sale Condition | Build to Suit |
| Gross Rent Multiplier | 13.17 |
| No. Units | 5 |
| Property Type | Multifamily |
| Apartment Style | Mid-Rise |
| Lot Size | 0.14 AC |
| Building Size | 8,213 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Double Pane Windows
- Freezer
- Handrails
- Office
- Vinyl Flooring
- Large Bedrooms
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4.5 | 1 | $4,300 | 1,611 |
| 4+4.5 | 1 | $4,300 | 1,808 |
| 4+4.5 | 1 | $4,300 | 1,782 |
| 4+4 | 1 | $4,300 | 1,722 |
| 3+3 | 1 | $4,300 | 1,290 |
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4513 Rosewood Ave - 2025. 5-UNIT, MASTER LEASE IN PLACE 6.22% CAP
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