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34395918
34395920

4160 ROSEWOOD AVE, LOS ANGELES, CA 90004 For Sale

DI
CA 02128611
Kidder Mathews Los Angeles West
DB
CA 01121421
Kidder Mathews Los Angeles West
Listed by Kidder Mathews Los Angeles West
$3,650,000
7 days on market
Updated 6 days ago
Opportunity zone

4160 ROSEWOOD AVE

Details
APN 5520-017-013
Property Type Multifamily
Square Footage 17,871
Units 31
Cap Rate 7.08%
NOI $258,460
Pro-Forma Cap Rate 10.54%
Pro-Forma NOI $384,728
Price per SqFt $204
Year Built 1924
Lot Size (SqFt) 9,902
Zoning LAR4
Parking Spaces 5 spaces
Parking per 1,000 SqFt 0.28

31 Units in East Hollywood | 7.08% Current Cap Rate | 7.77 Current GRM

Marketing description

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.

THE ASSET

Offered for sale for the first time in nearly 30 years, 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.

Investment highlights

Offered for sale for the first time in nearly 30 years

Attractive basis at approximately $117,000 per unit and $204 per square foot

Strong in-place cash flow with a 7.08% going-in cap rate and 7.77 current GRM

Approximately 30% upside in rental income through unit turnover & interior renovations

Massive basement space with exterior access and an existing bathroom, presenting a compelling ADU conversion opportunity (buyer to verify)

Secure, gated property with call-panel entry and surveillance cameras

Mature landscaping and strong curb appeal

Separately metered for gas and electricity

Convenient access to Hollywood, Koreatown, Silver Lake, and Los Feliz

This Property is being offered concurrently with 672 N Kenmore Ave, 815 Green Ave, and 1408 S Wilton Pl (99 units in total).

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Listing Contacts

DI
CA 02128611
Kidder Mathews Los Angeles West
DB
CA 01121421
Kidder Mathews Los Angeles West
Listed by Kidder Mathews Los Angeles West

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$258,460.00
$21,538.33/mo

Valuation Metrics

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DSCR
7.08%
Cap Rate
7.08%
ROI

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Additional Information

Name
Dakoda Iversen
License
02128611
Brokerage
Kidder Mathews
Brokerage Phone
4246531850
Title
Real Estate Broker
Brokerage Address
101 Montgomery Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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