1400 S WESTMORELAND AVE

Estimated Monthly Payment: $6,840/mo 1400 S WESTMORELAND AVE, Los Angeles, CA 90006 MLS# 18409236 Residential Income Listing Status: Active
6
5
4,614 sqft
29
4
0
0

REMARKS:

We are pleased to present the 1400 S Westmoreland Ave Apartments - a 5 unit multifamily investment opportunity made up of two separate wood frame stucco buildings located in the Mid-Wilshire area of Los Angeles.The first building is 4-Plex that was built in 1913 and consists of 4 very spacious One Bedroom/One Bathroom Units averaging over 900 SF each. Additionally, this property also includes a detached Single-Family-Residence that was constructed in 1995 and is 890 SF as per ZIMAS. The combined buildings consist of a total of 4, 614 SF of living space situated on a 6, 763 SF lot zoned RD1.5. All units have hardwood floors and are separately metered for gas and electricity, and there are four garage spaces in the rear of the building. With extreme upside in current rents, this property provides an excellent opportunity for an investor to increase rental income through a more aggressive management style and renovation program.

OVERVIEW:

18-409236:CLAW
Residential Income
Active
Mid Los Angeles
1913
4614
Garage - 4+ Doors
4
Wall Heater
Wall Unit(s)

FEATURES:

Other

ROOM INFO:

6
5
5

FINANCIAL:

$1,500,000
$111,162

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Jonathan Prakash - Keller Williams Silicon Beach

 

01949460 

 

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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 12/18/2018