7714 Rosewood Ave

los angeles

 

$3,295,000

 
 
 
 

8

UNITS

$411,875

PRICE/UNIT

$544.27

PRICE/SQ FT

4.12%

CAP

15.89

GRM

4.76%

PRO FORMA CAP

14.33

PRO FORMA GRM
 

LAAA is pleased to present eight units located in Prime Los Angeles. 7714 Rosewood Avenue is constructed in 1926 and consists of eight 1 bedroom / 1 bathroom units plus a vacant artist studio. Seven of the eight units have been professionally upgraded with new kitchens, bathrooms, hardwood floors, stainless steel appliances, antique lighting, in-unit washers & dryers and much more. The building itself has been upgraded with new electrical, copper plumbing, main line water service, drought resistant landscaping, common area spaces, etc. The offering is well situated two blocks south of Melrose Avenue on a corner lot across from Fairfax High School and less than a mile from premier shopping and dining in The Grove. The subject property offers a savvy investor the rare opportunity to raise rents to market in a dense rental pocket.

 
 
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Glen Scher

Vice President

O: (818) 212-2808

M: (818) 667-6683

Email Now

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Filip Niculete

Vice President

O: (818) 212-2748

M: (818) 577-9893

Email Now