$3,099,000
4511 Rosewood Ave is 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… Read More operator serving the high demand travel nurse and medical placement market, this turnkey asset delivers a true 6.95% 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. Read Less
Property listed by Myunits.com Inc., Lauren Cearley 310-259-7556
Listing Snapshot
Days Online
38
Last Updated
Property Type
Apartment
Lot Size
0.14 Acres
Year Built
2025
MLS Number
BB26105451
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
Dishwasher, ElectricOven, ElectricRange, Microwave, Refrigerator, Dryer, Washer
Building
Built in 2025, 2 buildings, 3 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: Ground level
Community
StreetLights, Sidewalks
Cooling
CentralAir
Expenses
Electric: $1,000, Gardener: $1,200, Insurance: $7,392, Maintenance: $3,000, Operating: $55,920
Exterior Features
Lighting
Fireplaces
None
Heating
Central
Income
Gross Income: $280,500, Gross ScheduledIncome: $280,500, Net Operating Income: $216,165
Interior Features
OpenFloorplan, RecessedLighting, InstantHotWater
Laundry
WasherHookup, ElectricDryerHookup
Lot
0.1425 acres, Landscaped
Parking
8 open parking spaces, 8 total parking spaces, Uncovered
Pool
None
Property
Turnkey, CityLights, Neighborhood
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5521020004, Annual Amount: $43,328, Lot: 4, Zoning: LAR3
Tenant Pays
AllUtilities
Utilities
Water Source: Public, Standard, 6 separate electric meters, 5 separate water meters
Windows
DoublePaneWindows
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Listing Information © California Regional MLS. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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