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The Alex is a meticulously renovated 16-unit multifamily property located at 4938 Rosewood Avenue in the thriving Northeast Los Angeles market. This fully upgraded asset blends modern design with functional layouts, offering residents spacious interiors, contemporary finishes, and enhanced amenities. Positioned in a neighborhood known for its strong rental demand and cultural vibrancy, The Alex provides investors with immediate stable cash flow at a 4.5% cap rate, along with meaningful upside through continued rent growth and operational efficiencies. With a proven track record of high occupancy and tenant satisfaction, this turnkey property is an exceptional opportunity for investors seeking durable income and long-term value in a dynamic submarket.
Property Type(s):
Residential Income
| Last Updated | 7/24/2025 | Year Built | 1962 |
|---|---|---|---|
| Community | C18 - Hancock Park-Wilshire | County | Los Angeles |
Additional Details
| AREA | C18 - Hancock Park-Wilshire |
|---|---|
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 0.3332 acre(s) |
| LOT DIMENSIONS | 100x145 |
| PARKING | None |
| STORIES | Split/Multi Level |
Location
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Listed with Dover Management Corp.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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