10961 Rose Avenue

Los Angeles, CA 90034

  • 0 Bed(s)
  • 0 Bath(s)
  • 9,558 Sqft
  • 8169
    Sqft(Lot)
$2,995,000

Description

10961 rose is located on the best street in all of palms. rose is a primarily residential area of palms that does not have many apartment buildings. quiet and beautiful, this area is the single best spot to own in the 90034 zip code. the rose apartments are coming to the market for the first time in over 30 years. a beautiful asset with oversized units. the units are currently rented well under market and a buyer can achieve over 57% upside on this asset just by increasing the current rents. a value-add investor may build 2 attached adu's on the site as well to further increase the income over 100%. we are delivering the property at a very attractive 5.24% cap rate and 11.89 grm. the property is also being delivered well under market at only $313 a foot. some of these oversized units have large dens that can be converted to bedrooms to further increase the upside. the property has had its soft story retro fit completed and is well parked with 9 individual spaces + 3 extra tandem spaces on-site for a total of 12 parking. this is a prime asset in an a+ location of la being delivered under market with tremendous upside!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49743560

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1968
    • Building Area Total: 9,558

    Pool Features

    • None

    Laundry Features

    • Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1875
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8169

  • Listing Price Information

    • Original List Price: 2,995,000
    • Listing Contract Date: 2025-05-12

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4251020010

  • Garage and Parking

    • Garage Description: Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 699 - Not Defined
    • Postal Code Plus 4: 5345
    • Directions: Off of Palms Blvd and S Sepulveda Blvd
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 57
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/13/2025 @ 11:43

  • MLS: SB25107742
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 9,558 sqft, 8,169 sized lot, and 9 parking. are nearby neighborhoods.