1433 S Westmoreland Ave new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,080 sqft
Price per Sqft $370
MLS Listing ID 24-450567
Bedrooms 20
Year Built 2022
Lot Size 7,474 Sqft
Acres 0.1716
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 6.4% 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 Mid Los Angeles
Zoning LAR4
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Equipment Refrigerator, Washer, Dryer, Dishwasher, Freezer, Hood Fan, Range/Oven, Vented Exhaust Fan, Microwave, Garbage Disposal
Exterior
Garage Carport Attached
Garage Spaces 10.0
Building
Story 3
Level or Stories Multi/Split
Others
Special Listing Condition Standard