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!
Property Details
Price:
$3,295,000
MLS #:
24450567
Status:
Active
Baths:
0
Address:
1433 S Westmoreland Avenue
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Oct 9, 2024
State:
CA
ZIP:
90006
Lot Size:
7,474 sqft / 0.17 acres (approx)
Year Built:
2022
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Attached Carport
Parking Spots
10.00
Stories Total
3
Financial
Map
Community
- Address1433 S Westmoreland Avenue Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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Courtesy of On Track Property. 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.
1433 S Westmoreland Avenue
Los Angeles, CA
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