222 Roselake Ave Los Angeles, CA 90026

This exceptional Los Angeles retail property presents a compelling investment opportunity. Located at 222 Roselake Ave, Los Angeles, CA 90026, this 4,716 square foot building sits on a 4,423 square foot corner lot. Built in 1965, the two-story structure boasts 10 units, offering a low cost per unit of $165,000 and a desirable unit mix. The property features seven parking spaces and on-site laundry, adding significant value. Currently generating strong income with upside potential, this asset benefits from exceptional visibility and street frontage in a rapidly gentrifying area. The LAR4 zoning allows for flexibility. The property is conveniently located near Echo Park, Hollywood, Koreatown, and Downtown Los Angeles, placing it within a high-demand rental pocket suitable for both market-rate and Section 8 tenants. Three rent-to-own agreements are currently in place. The asking price is $1,650,000, representing a 6.18% cap rate and a price per square foot of $349.87. This is a rare opportunity to acquire a well-positioned, income-producing asset in a thriving Los Angeles neighborhood. The property's APN is 5157-018-049.