
7714 Rosewood Ave Los Angeles, CA 90036
Melrose NeighborhoodAbout This Home
As of May 2019We are 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.
Last Agent to Sell the Property
Marcus & Millichap License #01905352 Listed on: 01/07/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $42,975
Year Built
- Built in 1926
Lot Details
- 7,171 Sq Ft Lot
Parking
- 8 Parking Spaces
Interior Spaces
- 6,054 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 9 Bathrooms
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 5527-027-037
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $3,186,000 | Ticor Title | |
Grant Deed | $2,850,028 | Chicago Title Company | |
Grant Deed | $1,250,000 | North American Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,260,000 | Commercial | |
Closed | $1,550,000 | Commercial | |
Previous Owner | $2,400,000 | Commercial | |
Previous Owner | $800,000 | Unknown | |
Previous Owner | $250,000 | Commercial | |
Previous Owner | $500,000 | Commercial | |
Previous Owner | $800,000 | Commercial | |
Previous Owner | $616,000 | Commercial |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/23/2024 08/23/24 | Rented | $2,895 | +3.6% | -- |
08/19/2024 08/19/24 | Price Changed | $2,795 | -3.5% | $3 / Sq Ft |
08/07/2024 08/07/24 | For Rent | $2,895 | 0.0% | -- |
05/03/2019 05/03/19 | Sold | $3,186,000 | -3.3% | $526 / Sq Ft |
04/26/2019 04/26/19 | Pending | -- | -- | -- |
03/13/2019 03/13/19 | Price Changed | $3,295,000 | -2.9% | $544 / Sq Ft |
02/11/2019 02/11/19 | Price Changed | $3,395,000 | -1.5% | $561 / Sq Ft |
01/07/2019 01/07/19 | For Sale | $3,445,000 | -- | $569 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $42,975 | $3,554,039 | $2,661,626 | $892,413 |
2024 | $42,975 | $3,484,353 | $2,609,438 | $874,915 |
2023 | $42,149 | $3,416,033 | $2,558,273 | $857,760 |
2022 | $40,205 | $3,349,053 | $2,508,111 | $840,942 |
2021 | $39,709 | $3,283,386 | $2,458,933 | $824,453 |
2019 | $2,169 | $3,004,825 | $1,868,158 | $1,136,667 |
2018 | $37,790 | $3,075,196 | $1,831,528 | $1,243,668 |
2016 | $36,050 | $2,951,272 | $1,760,408 | $1,190,864 |
2015 | $35,526 | $2,906,943 | $1,733,966 | $1,172,977 |
2014 | $16,545 | $1,280,788 | $666,010 | $614,778 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Adam Corleto
Maywood Property Group
(310) 650-9696
1 in this area
5 Total Sales
-
Seller's Agent in 2019
Filip Niculete
Marcus & Millichap
(818) 357-9525
1 in this area
106 Total Sales
Map
Source: The MLS
MLS Number: 19-420308

APN: 5527-027-037
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