10965 Rochester Avenue
Los Angeles, CA, 90024
$6,995,000
Beds
0 Baths
SqFt
0.18 Acres
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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:
Active
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
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Parking Features
Controlled Entrance, Community Structure
Parking Spots
18.00
Security Features
Automatic Gate
Stories Total
3

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10965 Rochester Avenue
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