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Closed
Closed
Koreatown
 | 
Multifamily

4938 Rosewood Avenue

Los Angeles, CA 90004
Offering Price
Sales Price
$4,400,000
Offering Highlights
Deal Highlights

High Price Per Unit. Sold for the second highest price per unit ever ($275,000) for a rent-controlled building 16+ units in the immediate neighborhood (according to CoStar).

1031 Exchange. Successfully facilitated the Seller's 1031 exchange.

Seismic Retrofit. Buyer took on the responsibility of completing seismic retrofit work after the close of escrow.

Competitive Offers. Procured six competitive offers within the first two weeks of marketing.

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Close of Escrow
5/20/2019
16

Units

16,314

Building SF

1962

Year Built

86

Walk Score

$269.70

Price/SF

$275,000

Price/Unit

3.88%

Current Cap

15.26

Current GRM

16,314

Building SF

1962

Year Built

$269.70

Price/SF

16

Units

16,314

Building SF

1962

Year Built

86

Walk Score

$269.70

Price/SF

$275,000

Price/Unit

3.88%

Current Cap

15.26

Current GRM

16

Potential Buildable Units

16,314

Land SF

$269.70

Price/Land SF

$275,000

Zoning

1962

Year Built

86

Walk Score

Property video
Property Location
Koreatown
Submarket
Lead Agent Info

Contact us for more information.

Daniel Shon

Executive Director
Multifamily Investments

(714) 876-5013

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