3359 ROWENA AVE

LOS ANGELES, CA, 90027

$4,225,000

$446 per ft²
$4,225,000
$446 per ft²
Active
Active
 - For Sale
beds
16 Beds
baths
12 Baths
carpenters-square
9,456 ft²
property_type
Multi-family
calendar
Built 1953
We are proud to present 3359 Rowena Avenue, a 2-story, 12-unit, value-add investment opportunity. Built in 1953 and located on an ultra-prime block in the highly desirable Los Feliz submarket of Los Angeles (south of Los Feliz Boulevard and west of Griffith Park Boulevard), this property has a 67%+ rental upside potential. The unit mix is 8 (1+1), 4 (2+1) units that average approximately 825+ gross square feet. The building's units are bright, spacious, and feature ORIGINAL tile, hardwood floors, solid wood kitchen cabinets (with Art Deco accents), and crown molding in the living rooms. The 2-bedroom units' bathrooms enjoy separate bathtubs and stall showers. The property is separately metered for gas and electric, and each unit contains its own water heater. The property's location offers residents effortless access to countless shopping, dining, entertainment, and recreation options of Los Feliz, Sunset Junction, Silver Lake, Atwater Village, and Downtown Los Angeles. The building is 0.65 miles west of the 5 freeway, 1.5 miles north of the 2, 2.2 miles northeast of the 101 and 3.7 miles northwest of the 110. 3359 Rowena Avenue is well-positioned for an investor to implement a high-end unit/common area renovation program optimizing top-of-the-market rents, appreciation, and future cash flow.
MLS® ID:
22-141049
Listed:
3/28/22
Updated:
10/2/22

Interior Features

Total Bedrooms
16
Total Bathrooms
12
Interior Features
Crown Moldings
Laundry Description
Community
Floor Description
Wood
Cooling
None
Heating
Wall

Exterior/Building Features

Lot Size
0.27 acres lot
Exterior Features
Stucco, None

Other Property Details

Garage
No
Parking
Carport
Parking Total
10.0
View
Y
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LARD1.5-1XL

Property History

Date
Event
Price
Value
9/29/22
Price Change
$4,225,000
-1%
9/1/22
Price Change
$4,275,000
0%

 

Courtesy of Matthew R. Kanner, Keller Williams Realty Los Feliz

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor OMNI Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/2/22

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