5231 Roseland, Los Angeles, California 90016, Los Angeles, 90016 - 0 bed, 0 bath
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Los Angeles, California 90016
This Renovated 6-Unit Multi-Family Asset is a Strong Value Opportunity, listed at $1,250,000—positioned well below the $1,337,571 Fair Market Value by 6%. This valuation gap offers $87,571 in Instant Equity for incoming buyers. Featuring a Condition Rating of 3 with extensive interior updates like shaker-style cabinetry and stone countertops, the units are turnkey. Located in the high-demand West Adams neighborhood near USC and Downtown LA, this property is perfectly suited for Buy-and-Hold Investors or Owner-Occupants.
Property is move-in ready.
While the property was originally built in 1954, the interior images indicate extensive recent renovations to the units. The kitchens feature modern white shaker-style cabinetry, stone countertops, and updated stainless steel appliances. Bathrooms have been modernized with contemporary subway tiling and new vanities. The units also showcase updated luxury vinyl plank flooring, recessed lighting, and fresh paint throughout, making the property move-in ready for tenants with no immediate renovation required.
Situated in the rapidly revitalizing West Adams neighborhood, the property benefits from high rental demand due to its proximity to USC, Downtown LA, and major cultural hubs.
With 6 units, this property offers a diversified income stream, providing investors with greater financial stability and lower vacancy risk compared to smaller residential assets.
A recent price reduction to $1.35M enhances the property's investment appeal, offering a more attractive entry point and potential for improved capitalization rates in a dynamic market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4801, other record living area = 4672.
Built in 1954, the property may require significant capital improvements or frequent maintenance to modernize aging systems and maintain its competitive edge.
The assigned middle and high schools carry lower ratings (2/10 and 3/10), which may restrict the tenant pool primarily to students and professionals rather than long-term family renters.
This well-located 6-unit investment property sits in the highly desirable West Adams neighborhood of Los Angeles. Positioned less than 10 miles from Downtown Los Angeles, the property offers convenient access to major employment, entertainment, and cultural hubs including the Los Angeles Convention Center, Crypto.com Arena (formerly Staples Center), and the Los Angeles County Museum of Art (LACMA). West Adams is also ideally situated near the University of Southern California (USC) and Los Angeles Trade Technical College, providing strong rental demand from students, faculty, and professionals alike. The neighborhood continues to experience revitalization, featuring a growing collection of local restaurants, cafés, bars, boutique shops, and neighborhood parks that contribute to its vibrant community atmosphere. With its central location and proximity to key Los Angeles destinations, this property presents an excellent opportunity for investors seeking stable income in one of the city’s most dynamic submarkets.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,801 | 3,500.5 | 50% |
| Lot Size | 4,803 | 5,002.5 | 50% |
| Price | $1.18M | $1.25M | 50% |
| Price per sq ft | $246 | $425 | 50% |
| Built year | 1954 | 1941 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 113 | 50% |
Apr 5, 2026
$1,180,000
$1,250,000
-6% Price Drop
Initial Listing
Mar 27, 2026
$1,250,000
$1,350,000
-7% Price Drop
Initial Listing
Mar 17, 2026
$1,350,000
$1,400,000
-4% Price Drop
Initial Listing
Mar 2, 2026
$1,400,000
Initial Listing