1433 S Westmoreland AVE Active

Los Angeles,CA 90006

$ 3295000

20 Beds

20 Baths

8080 SqFt


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

Parking Features 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

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