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$3,785,000
34 Days On Site

4955 Rosewood Avenue
Los Angeles, CA 90004

For Sale|Multi Family|Active
0
Beds
0
Total Baths
15,208
SqFt
$249
/SqFt
1959
Built
County:
Los Angeles
Listed by James Vanian of Luxury Collective [email protected]

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4955 Rosewood Avenue4955 Rosewood Avenue4955 Rosewood Avenue4955 Rosewood Avenue
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IKON Properties LA is proud to present 4955 Rosewood Ave—first time on the market—a well-maintained, two-story 18-unit multifamily property located in the highly desirable East Hollywood neighborhood of Los Angeles. Surrounded by some of the city's most dynamic and high-demand rental markets, the property offers proximity to Larchmont Village, Hollywood, Silver Lake, Koreatown, and Hancock Park. Built in 1959, the property offers 15,208 building square footage on a 14,345 square foot lot. The unit mix includes sixteen 1-bedroom/1-bath units, two 2-bedroom and 1 and a half bath units, providing a strong foundation for value-add potential. The building features assigned parking, a completed seismic retrofit, and roof improvements completed in November 2023, which included the replacement of two sections. This asset presents a rare investment opportunity with substantial upside. Due to long-term ownership, current rents are estimated to be approximately 80% below market, offering investors the opportunity to increase income by updating units and aligning rents with current market rates. Additionally, the price per unit and per square foot is below the neighborhood average, enhancing the overall value. With targeted renovations and rental repositioning, investors can unlock strong returns in a high-demand location. The property’s close proximity to Larchmont Village and other amenities—including restaurants, entertainment, fitness centers, and retail—makes it highly attractive to tenants. It also provides excellent access to major employment hubs such as Hollywood, Downtown LA, Wilshire Center, Beverly Hills, and West Hollywood, with convenient transportation options nearby. As surrounding neighborhoods continue to grow and develop, 4955 Rosewood Ave offers a compelling opportunity for both immediate income growth and long-term appreciation—ideal for investors seeking value, stability, and future upside.

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Listing Snapshot
Price 
$3,785,000
Days On Site 
34 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,208 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3311 Acres
Year Built 
1959
MLS® Number 
SR25119400
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 days agoPrice changed to $3,785,000
3 days agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.3311
Number Of Stories 
2
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
15208
Water Source 
Public
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Central
Laundry Features 
Common Area
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Community Features
Financing Terms Available 
Cash
MLS Area 
C18 - Hancock Park-Wilshire


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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