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.
Property Details
Price:
$8,968,750
MLS #:
25569665
Status:
Active
Baths:
0
Address:
4938 Rosewood Avenue
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Jul 24, 2025
State:
CA
ZIP:
90004
Lot Size:
14,516 sqft / 0.33 acres (approx)
Year Built:
1962
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Schools
Interior
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Parking Features
None
Parking Spots
17.00
Stories Total
2
Financial
Map
Community
- Address4938 Rosewood Avenue Los Angeles CA
- AreaC18 – Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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4938 Rosewood Avenue
Los Angeles, CA
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