Property Detail

Description

We are pleased to present a multifamily investment opportunity at 2681 Roseview Ave, a 2024 new construction fourplex located in the Cypress Park neighborhood of Los Angeles between Cypress Ave & N San Fernando Rd. This turnkey asset features a unit mix of two three-bedroom units and two four-bedroom units; one of the three-bedroom units will be delivered vacant at the close of escrow, providing an ideal owner user opportunity or traditional investment with passive cash flow. Each of the units are townhouse style with multiple levels and each feature a private roof top deck; unit interiors were meticulously constructed with modern finishes including luxury vinyl plank flooring, in-unit washers and dryers, recessed lighting, custom kitchens, bathrooms, and cabinetry, and central air. There is covered parking with two spaces for each unit. All utilities are separately metered. Located in a designated OZ census tract potential federal tax advantages when acquired via a QOF and held long-term (Buyer to verify). Multiple exit strategies for a buyer including stabilizing and holding for cash flow, live in one and rent the others, or refinance once fully stabilized to enhance returns. Northeast Los Angeles infill fundamentals as the asset is located on the border of Cypress Park and Eagle Rock with quick access to DTLA, Highland Park, and major freeways deep renter pool and limited competing new 4-unit supply.