7170 Rosewood Avenue, Los Angeles, CA 90036

$1,249,000
2
BD
3
BA
1,369
SqFt

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Listing courtesy of Listing Agent: Julie K. Meggat (julie@juliemeggat.com) from Listing Office: Compass.

List Price
$1,249,000
Status
ACTIVE UNDER CONTRACT
Days on Market
59
MLS#
26852369
Subtype
Residential
Year Built
1926
Bedrooms
2
Bathrooms
3
Full Baths
3
Living Area
1,369
Lot Size
2,915
Acres
0.07
MLS Area Major
Beverly Center-Miracle Mile (C19)

Property Description

A rare opportunity to complete a breathtaking retreat with a finished, permitted ADU in the heart of one of Los Angeles' most vibrant and walkable neighborhoods. Ideally located just moments from everything on Melrose, La Brea, and Beverly Boulevard, this character-filled residence offers timeless architecture, abundant natural light, and the chance to create a truly exceptional home without the delays, uncertainty, and expense of starting from scratch. Framed by beautiful oversized windows and rich architectural integrity, the home has already undergone the most challenging and costly stages of renovation. The remaining scope is largely cosmetic offering the opportunity to personalize finishes and design details. Plans and permits have been secured, major systems have been upgraded, and the property's bones have been meticulously restored saving the next owner months of time and significant capital. Why spend a year navigating permits, contractors, and construction when the heavy lifting has already been done? Extensive improvements include new electrical and plumbing systems, replaced windows and doors, refinished hardwood floors, new insulation, recessed lighting, waterproofing, structural and beam repairs, rebuilt walls and closets, a new skylight, water filtration system, EV charger, and newly completed driveway. Custom kitchen cabinetry has already been designed, built, and painted and is included in the sale, along with purchased appliances, front door, approved plans, permits, renderings, and finish selections. Adding tremendous value and flexibility is a fully completed and permitted ADU with its own address ideal as a guest house, rental unit, creative studio, home office, gym, or income-producing asset. Rarely available, the ADU benefits from grandfathered positioning on the lot, creating a unique advantage that would be difficult to replicate today. Additional storage and flex space further enhance the property's versatility. Whether you're an investor seeking a high-upside project or an owner-user dreaming of a bespoke sanctuary, this is an opportunity rarely found in today's market. The permits are approved, the vision is established, and the hard work is complete. All that's left is to bring it across the finish line and enjoy the rewards.

Additional Information

Zoning
LAR1
Flooring
Tile, Wood
Appliances
Dryer, Washer
Heating
Central
Air Conditioning
Yes
Stories
One Level
Levels
One
Pool Type
None
Parking Features
Driveway
View
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.