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We are pleased to present 736 Rose Ave, an 8 unit apartment building built in 1987 consisting of 100% 2 bed 2 bath units averaging over 960 SF each. There is 2:1 parking with secured entry to the property. The second story of living space has vaulted ceilings, and each unit has its own individual water heater. On current income this is 10.19 GRM and a 5.81% cap rate with upside to 9.09 GRM and 7.08% cap rate. Priced at $285 per square foot, this is a unique value-add opportunity worth considering!
Last Updated | 2/10/2025 | Year Built | 1987 |
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Community | Not Defined | Garage Spaces | 16.0 |
County | Los Angeles |
Additional Details
AREA | Not Defined |
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GARAGE | Yes |
LOT | 6428 sq ft |
LOT DESCRIPTION | Front Yard, Level, Near Public Transit, Rectangular Lot, Value In Land |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
TAXES | 29000 |
WATER | Public |
ZONING | LBR2N |
Location
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