**$349,000 Price Reduction - 13.25 GRM on current rents ** 10883 Rose Ave is not subject to City of LA rent control, and is entirely comprised of bright and spacious 2-bdrm. and 2-bath units in the heart of Palms. The property is 2 blocks north of Overland Ave. and Palms Blvd, and is minutes from downtown Culver City, Sawtelle, UCLA, the 10 Fwy, and the 405 Freeway. Please note, Palms is home to a strong demographic of renters, with half of Palms residents are between the ages of 18-34, graduated from a 4-year institution, and have a household income of approx. $98,477 (demographic stats provided by Niche.com). Built in 2000, the property features (10) 2-bdrm. and 2-bath units that are not subject to LA city rent control. Each bright and spacious unit averages approx. 1,100 SF and has a gas fireplace and central A/C. Several interiors include wood laminate flooring, stainless steel appliances, quartz/granite countertops and recessed lights. 10883 Rose is offered at 13.25 GRM on current rents with approx. 16% rental upside, and will stabilize at 6.16% CAP and 11.41 GRM with projected market rents. Property amenities include a gated parking garage with 20 spaces, a community laundry room, and controlled access.
Property Details
Property Features
Property Information:
Year Built: 2000
Stories: 3
Living Area: 11,016 SqFt
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5478
Listing Agent: Kenny Stevens
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Refrigerator
Fireplace: Living Room
Bedroom and Bathroom Information:
Total Bedroom Count: 20
Exterior Features
Exterior Information:
View: None
Parking Information:
Garage Space: 20 spaces
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Venice Senior High School, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Palms Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Clover Avenue Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: Located 1 block north of Overland Ave. and Palms Blvd, the subject property is minutes from downtown Culver City, Sawtelle, UCLA, the 405 Fwy, and the 10 Fwy.
Price Information
Listing Price Info
Price Summary:
List Price: $4,800,000
Price Per SqFt: $436/SqFt
Tax Information:
Annual Amount: $36,180
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $3.7M more than the Median Sold Price and $204/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24430215
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5478
Listing Agent: Kenny Stevens
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.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/23/2024, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 11, 1997
Apr 11, 1997Home Sold
$220,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$36,180
$2,959,020
2020
$35,111
$2,928,680
2019
$34,929
$2,871,256
2018
$34,141
$2,814,957
2017
$34,141
$2,759,762
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Clover Avenue Elementary School
11020 Clover Ave
Distance between this listing and this school0.39 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school5.87 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school17.06 miles
Public Magnet Grades 1-5
Middle School
6
/10
Palms Middle School
10860 Woodbine St
Distance between this listing and this school0.12 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school11.78 miles
Public District Grades 6-8
High School
7
/10
Venice Senior High School
13000 Venice Blvd
Distance between this listing and this school2.47 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school11.85 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school12.48 miles
Public Magnet Grades 9-12
Assigned Schools
9
/10
Clover Avenue Elementary School
11020 Clover Ave
Distance between this listing and this school0.39 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school5.87 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school17.06 miles
Public Magnet Grades 1-5
Assigned Schools
6
/10
Palms Middle School
10860 Woodbine St
Distance between this listing and this school0.12 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school11.78 miles
Public District Grades 6-8
Nearby Schools
3
/10
Daniel Webster Middle School
11330 Graham Pl
Distance between this listing and this school1.01 miles
Public District Grades 6-8
Assigned Schools
7
/10
Venice Senior High School
13000 Venice Blvd
Distance between this listing and this school2.47 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school11.85 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school12.48 miles
The neighbors living near this home have an average income of $59,040. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 10883 Rose Ave
What is the listing price of this property?
The listing price of 10883 Rose Ave property is $4,800,000.
What type of property is this?
The property 10883 Rose Ave is a house located in Los Angeles, California, 90034.
Is this property for sale now?
Active Listing: 10883 Rose Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 10883 Rose Ave are: Clover Avenue Elementary School: GreatSchools Rating 9/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10Palms Middle School: GreatSchools Rating 6/10Studio: GreatSchools Rating 4/10Venice Senior High School: GreatSchools Rating 7/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $36,180 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 11, 1997 for $220,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 10883 Rose Ave has 20 bedrooms and 20 bathrooms.
What is the square footage of this property?
The property 10883 Rose Ave is 11,016 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 10883 Rose Ave is 2000.
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This home is located at 10883 Rose Ave in Los Angeles, CA and zip code 90034 in the Westside Village neighborhood. This 11,016 square foot home, which was built in 2000, sits on a 0.18 acre lot. Features: 20 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $4,800,000.
In September 2024, from all listings sold in Los Angeles, CA there were more than 532 sold above asking price, over 619 sold below and more than 180 were sold right at the asked price. In September 2024 in Los Angeles, CA there were 10.6% more homes for sale than in August 2024. The median list price of listings available in September 2024 was $1,012,476, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.
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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