#SB25135340, Emily Lin, Listing office: Equity Union

10961 Rose Ave Los Angeles, CA 90034
Property details
About 10961 Rose Ave
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 spaces on-site for a total of 12 parking. This is a prime asset in an A+ location of LA being delivered under market with tremendous upside!
Highlights
Summary
- Garage Space: 9 spaces
- Private Pool: No
- Parking: Carport
- List Price: $2,995,000
- Annual Tax Amount: $5,571
- Tax Year: 2024
- Directions: Off of Palms Blvd and S Sepulveda Blvd
- Year Built: 1968
- Stories: 2
- Lot Size: 0.1875 Acres
- MLS Number: SB25107742
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 259-7556
- Listing Agent: Cameron Samimi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 7/28/2025, 7:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $347,042 | $5,571 |
2023 | $340,238 | $5,492 |
2022 | $333,568 | $5,290 |
2021 | $327,028 | $5,170 |
2020 | $323,675 | $5,044 |
2019 | $317,329 | $4,898 |
2018 | $311,108 | $4,770 |
2017 | $305,009 | $4,770 |
History based on county public records data.
Nearby schools
9
Clover Avenue Elementary School
Public District KG-5
0.4 mi
•11020 Clover Ave
7
Charnock Road Elementary
Public District KG-5
0.4 mi
•11133 Charnock Rd
4
Palms Elementary
Public District KG-5
0.7 mi
•3520 Motor Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $92,803. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 10961 Rose Ave
The listing price of 10961 Rose Ave property is $2,995,000.
The property 10961 Rose Ave is a condo located in Los Angeles, California, 90034.
Active Listing: 10961 Rose Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 10961 Rose Ave are: Clover Avenue Elementary School (GreatSchools Rating 9/10), Charnock Road Elementary (GreatSchools Rating 7/10), Palms Elementary (GreatSchools Rating 4/10), Palms Middle School (GreatSchools Rating 6/10), Daniel Webster Middle School (GreatSchools Rating 3/10), Magnolia Science Academy 6 (GreatSchools Rating 9/10), Magnolia Science Academy 4 (GreatSchools Rating 6/10), Culver City High School (GreatSchools Rating 8/10), Cheviot Hills Continuation (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $5,571 (source: MLS/based on county public records data).
The property at 10961 Rose Ave has 0 bathroom.
The year of construction for 10961 Rose Ave is 1968.
This home is located at 10961 Rose Ave in Los Angeles, CA and zip code 90034 in the Westside Village neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $2,995,000.
Over 282 listings were sold over their listed price in June 2025 in Los Angeles, CA. In the same period over 339 listings were sold below the listed price and 108 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 9% between May and June 2025. The median list price of listings available in June 2025 was $876,067, while the average time on the real estate market was 34 days.