Property Detail

Description

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 Koreatowns 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 immediat