Homes for sale - 5026 Rosewood AVE, Los Angeles, CA 90004

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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$10,750,000

Est. payment - /mo

50 Beds

46 Baths

31,506 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 31,506 sqft

Price per Sqft $341

MLS Listing ID 25624141

Bedrooms 50

HOA Y/N No

Year Built 2017

Property Description

5026 Rosewood Avenue is a 2017-built, podium-style, 22-unit multifamily asset situated at the southern edge of Larchmont Village near East Hollywood and Melrose Hill. Constructed with Type V-A wood framing over a concrete podium and full fire-sprinkler coverage, the four-story, elevator-served property delivers modern systems, contemporary curb appeal, and true turnkey operations. With 31,506 square feet of building area on roughly 13,500 square feet of land, the asset offers the scale and efficiency sought by long-term and yield-oriented investors.The unit mix emphasizes larger layouts, including fifteen two-bedroom units and six three-bedroom residences, for a total of fifty bedrooms across twenty-two units. Interiors feature quartz countertops, stainless steel appliances, vinyl plank flooring, in-unit washer and dryers, NEST thermostats, deep soaking tubs, walk-in closets, and private balconies in most units. These finishes position the property competitively against newer central Los Angeles inventory and support strong retention and premium rent levels.The building is exempt from the Los Angeles Rent Stabilization Ordinance and governed solely by AB 1482, allowing full market rent resets at natural vacancy. A modest density bonus results in only two Very Low Income units, minimizing regulatory constraints.A full subterranean garage provides approximately forty tandem stalls, effectively offering two or more spaces per unit, along with EV charging stations. Controlled access, intercom entry, trash chutes, bicycle storage, an on-site manager's unit, central HVAC, and dual-pane windows contribute to low near-term capital needs and simplified management.The walkable location provides convenient access to Larchmont Village retail, major employment centers, and the Vermont and Beverly Red Line station, while nearby Melrose Hill continues to attract new investment. Although school and crime metrics vary relative to westside benchmarks, the property's modern construction, amenities, and larger floor plans capture spillover demand from higher-priced neighborhoods.Overall, 5026 Rosewood Avenue offers investors a turnkey podium asset with contemporary design, efficient operations, and measured rent growth potential. Its non-RSO status, family-oriented unit mix, substantial parking and EV infrastructure, and central Los Angeles setting support a long-term strategy centered on durable cash flow and steady appreciation.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplaces Type Kitchen

Fireplace Yes

Exterior

Parking Features Garage, Tandem

Pool None

Community Features Gated

Total Parking Spaces 40

Private Pool No

Building

Story 4

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5522021027

Security Features Gated Community

Special Listing Condition Standard

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Listed by Filip Niculete Marcus & Millichap

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

5026 Rosewood AVE Los Angeles, CA 90004