10883 Rose Avenue
$4,800,000
20
20
11,016
11,016
$436
Listed By Compass
Active Under Contract
Description
**$349,000 Price Reduction - 13.25 GRM on current rents ** 10883 Rose Ave is not subject to City of LA rent control, and is entirely comprised of bright and spacious 2-bdrm. and 2-bath units in the heart of Palms. The property is 2 blocks north of Overland Ave. and Palms Blvd, and is minutes from downtown Culver City, Sawtelle, UCLA, the 10 Fwy, and the 405 Freeway. Please note, Palms is home to a strong demographic of renters, with half of Palms residents are between the ages of 18-34, graduated...**$349,000 Price Reduction - 13.25 GRM on current rents ** 10883 Rose Ave is not subject to City of LA rent control, and is entirely comprised of bright and spacious 2-bdrm. and 2-bath units in the heart of Palms. The property is 2 blocks north of Overland Ave. and Palms Blvd, and is minutes from downtown Culver City, Sawtelle, UCLA, the 10 Fwy, and the 405 Freeway. Please note, Palms is home to a strong demographic of renters, with half of Palms residents are between the ages of 18-34, graduated from a 4-year institution, and have a household income of approx. $98,477 (demographic stats provided by Niche.com). Built in 2000, the property features (10) 2-bdrm. and 2-bath units that are not subject to LA city rent control. Each bright and spacious unit averages approx. 1,100 SF and has a gas fireplace and central A/C. Several interiors include wood laminate flooring, stainless steel appliances, quartz/granite countertops and recessed lights. 10883 Rose is offered at 13.25 GRM on current rents with approx. 16% rental upside, and will stabilize at 6.16% CAP and 11.41 GRM with projected market rents. Property amenities include a gated parking garage with 20 spaces, a community laundry room, and controlled access.
Listing Agents
Property Details for 10883 Rose Avenue
Zoning
LAR3
Cross StreetsOverland Ave. and Palms Blvd.
Parcel Number4254017004
Total Units10.0
Living Area11016
Source Living AreaVendor Enhanced
AreaPalms - Mar Vista (C13)
Vacancy Rate0 Units
LISTING UPDATED: 10/28/2024 03:07 PM
Property Details for 10883 Rose Avenue
Status | Active Under Contract |
---|---|
MLS # | 24-430215 |
Days on Market | 70 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2000 |
Lot Size | 0.18 AC / 8,015 SF |
County | Los Angeles County |
Building Information for 10883 Rose Avenue
Stories3Residences-Year Built2000Building Size-Lot Size0.18 AC / 8,015 SF
Property Information for 10883 Rose Avenue
Property History for 10883 Rose Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10883 Rose Avenue
Taxable ValueLand$1,231,423Additions$1,908,709Total$3,140,132
Tax Record2024$39,171 ($3,264 / month)
Home Facts
Total Finished SqFt11,016 SqFtAbove Grade Finished SqFt11,016 SqFtStories1Lot Size8,018 SqFtStyleMulti-Family Res (5+ Units)Year Built2000ZoningLAR3CountyLOS ANGELESAPN4254-017-004
Schools near 10883 Rose Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Clover Avenue Elementary School PublicK to 5 | ||
Palms Middle School Public6 to 8 | ||
Venice Senior High School Public9 to 12 | ||
Magnolia Science Academy 4 School Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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