$3,399,000
NEW CONSTRUCTION

Estimated payment $21,190/month

19 Beds
22 Baths
8,213 Sq Ft
$414 Price per Sq Ft

Highlights

  • New Construction
  • City Lights View
  • Living Room
  • Solar Power System
  • No HOA
  • Laundry Room

About This Home

4513 Rosewood Ave is a brand new, fully leased (36 month master lease), 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 operator serving the high demand travel nurse and medical placement market, this turnkey asset delivers a true 6.22% 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 tile work, 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.

Listing Agent

Lauren Cearley

Myunits.com Inc. Brokerage Phone: 209-298-6020 License #02146823 Listed on: 12/08/2025

Co-Listing Agent

Cheyenne Womack

Myunits.com Inc. Brokerage Phone: 209-298-6020 License #02064825

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $40,360

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 6,208 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 8,213 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 22 Bathrooms

Eco-Friendly Details

  • Solar Power System

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1925

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $4,928
  • Maintenance Expense $1,200
  • Operating Expense $46,488
  • Gross Income $258,000
  • Net Operating Income $211,512

Property Details

Home Type

Apartment

Est. Annual Taxes

$40,360

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.22
  • Property Attached: No
  • View: Yes
  • Zoning: LAR3
  • New Construction: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 413.86
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6208.00
  • Lot Size Acres: 0.1425

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average3 Bed Area: 1290 Square Feet
  • Gross Income: 258000.00
  • Gross Multiplier: 13.17
  • Gross Operating Income: 258000.00
  • Gross Scheduled Income: 258000.00
  • Insurance Expense: 4928.00
  • Lot Size Area: 6208.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 211512.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Dishwasher: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 46488.00
  • Rent Control: No
  • Total Actual Rent: 21500.00
  • Total Expenses: 46488.00

Tax Info

  • Tax Area: 67
  • Tax Lot: 4
  • Tax Tract Number: 1925
  • Tax Annual Amount: 40360.00

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 For Sale $3,399,000 -- $414 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB25272568

California Regional Multiple Listing Service (CRMLS)