4938 Rosewood Ave

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.

This home located at 4938 Rosewood Ave is currently active and has been available on pardeeproperties.com for 8 days. This property is listed at $8,968,750. It has 28 beds and 28 bathrooms. The property was built in 1962. 4938 Rosewood Ave is in the Hancock Park-Wilshire community of Los Angeles County.

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