10883 Rose Ave is a 10-unit Palms multifamily asset offering scale, stability, and regulatory flexibility in one of West LA’s fastest-growing rental submarkets. Built in 2000 and not subject to Los Angeles city rent control, this property falls under California’s AB-1482, allowing for annual rent increases of 5% + CPI (currently 8.8%, buyer to verify)—a significant advantage for income growth.

Located two blocks north of Palms Blvd and Overland Ave, 10883 Rose Ave benefits from immediate access to Culver City, Sawtelle, UCLA, and major job centers across West LA. The property is just minutes from both the 10 and 405 Freeways, placing tenants in a highly commuter-friendly location. Palms continues to attract high-income professionals and recent college graduates, with 50% of residents between the ages of 18–34 and a median household income of approximately $98,477 (per Niche.com).

The building consists of (10) spacious two-bedroom, two-bath units, each averaging approximately 1,100 square feet. All units include central A/C and gas fireplaces, and several feature upgraded interiors with wood-laminate flooring, stainless steel appliances, quartz or granite countertops, and recessed lighting.

Amenities at 10883 Rose Ave include a gated parking garage with 20 total spaces, controlled-access entry, and a community laundry room. With low deferred maintenance and a desirable Westside location, the property offers both operational ease and strong tenant retention.

For investors seeking a West LA multifamily asset with high-quality construction, rent control exemption, and proximity to major employers and lifestyle destinations, 10883 Rose Ave represents a compelling long-term hold in the core of the Palms rental market.