10961 Rose Avenue, Los Angeles, CA 90034

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
#1#2#3
10961 Rose Avenue,Los Angeles, CA 90034
$2,995,000
  • 5 Beds
  • 7 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:cameron samimi
Office:lyon stahl investment real estate, inc.
MLS#:SB25107742
Source:SANDICOR

Price summary

  • Price:$2,995,000

About this home

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

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Home facts

  • Listing Id #:SB25107742
  • Added:92 day(s) ago
  • Updated:August 15, 2025 at 01:53 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:7

Finances and disclosures

  • Price:$2,995,000
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