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.
Days on market: 8
Listing updated: August 01, 2025 - 12:50:08
Listed by: Douglas Steinriede DRE #00284936 818-843-5200, Dover Management Corp. - Out of Area Board
Source: Out of Area Board, MLS#: CLW-X72165 Originating MLS: CRMLS
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