Prime Westwood rarely traded 18-unit trophy apartment building offered for sale for the 1st time in over 40 years. Property is located 3 blocks south of Wilshire Blvd and just west of Westwood Blvd. Well maintained asset with 13 out of 18 units renovated and 4 units to be delivered vacant at closing. Good unit mix of 15 spacious 1 bedroom units and 3 studios. Property features underground gated parking with 18 spots, elevator, formal lobby, controlled intercom access, trash chute on each floor and a laundry room with machines owned by the Seller. Priced at only $388,611/unit, $508/S.F., 4% CAP and 15.08 GRM with current rents. Priced at 11.9 GRM and 5.6% CAP with rents at market (buyer to confirm).
Property Details
Price:
$6,995,000
MLS #:
24448141
Status:
Pending
Baths:
0
Address:
10965 Rochester Avenue
Type:
Residential Income
Neighborhood:
c05westwoodcenturycity
City:
Los Angeles
Listed Date:
Oct 2, 2024
State:
CA
ZIP:
90024
Lot Size:
7,650 sqft / 0.18 acres (approx)
Year Built:
1971
See this Listing
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Electric
Exterior
Parking Features
Controlled Entrance, Community Structure
Parking Spots
18.00
Security Features
Automatic Gate
Stories Total
3
Financial
Map
Community
- Address10965 Rochester Avenue Los Angeles CA
- AreaC05 – Westwood – Century City
- CityLos Angeles
- CountyLos Angeles
- Zip Code90024
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Courtesy of Keller Williams Beverly Hills. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
10965 Rochester Avenue
Los Angeles, CA
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