Executive Summary

The Neema Group of Marcus & Millichap is 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

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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

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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

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There is covered parking with two spaces for each unit

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All utilities are separately metered

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Located in a designated OZ census tract – potential federal tax advantages when acquired via a QOF and held long-term (Buyer to verify)

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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

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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