$ 3,295,000
1433 S Westmoreland AVE Los Angeles, CA 90006
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$ 3,295,000
Est. payment /mo
Active
1433 S Westmoreland AVE Los Angeles, CA 90006
20 Beds
20 Baths
8,080 SqFt
UPDATED:
10/30/2024 08:49 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,080 sqft
Price per Sqft $407
MLS Listing ID 24450567
Bedrooms 20
HOA Y/N No
Year Built 2022
Lot Size 7,474 Sqft
Property Description
Welcome to a spectacular multi family investment opportunity conveniently located near the 10 freeway with easy access to Downtown Los Angeles. This 2022 construction that consists of five townhome style units, will be delivered with four units occupied and one vacant unit with plenty of rental upside. Once fully occupied, this property will provide $20,810 per month in rent and an unheard of 5.8% CAP RATE. The front two duplexes consist of 4 four bedroom townhome style apartments that each have spacious floor plans, balconies, and stainless steel appliances. The rear most building is a stand alone four bedroom SFD that provides increased privacy. All five units come with on site tandem parking! This building is a great opportunity to step into immediate consistent income and simple, low effort management!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR4
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Exterior
Garage Attached Carport
Attached Garage Yes
Total Parking Spaces 10
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5056002014
Special Listing Condition Standard
Listed by Isaac Davidi • On Track Property