$3,295,000
1433 S Westmoreland Avenue Los Angeles, CA 90006
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$3,295,000
Est. payment /mo
8,080 SqFt
Active
1433 S Westmoreland Avenue Los Angeles, CA 90006
UPDATED:
10/30/2024 10:36 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,080 sqft
Price per Sqft $407
MLS Listing ID CL24450567
HOA Y/N No
Year Built 2022
Lot Size 7,474 Sqft
Acres 0.17
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 Listing
Zoning LAR4
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Exterior
Parking Type Other
Building
New Construction No
Others
Tax ID 5056002014
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Isaac Davidi • On Track Property
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