Fully stabilized 4-unit!! Seller financing available with 50% down, 5.5% interest rate. Pride of ownership, turnkey, generational asset in a prime location of Rampart Village. There are two structures on the lot with a sliding entry gate, privacy hedges, and space for parking 8 cars. This meticulously maintained property with recently updated landscaping, electrical system, plumbing, sewer line, and roof repairs. Desirable unit mix of side-by-side 2 beds/1 bath units. All units to be delivered recently remodeled and at market rents. Located on a quiet, dead-end tree lined street in an excellent pocket of Los Angeles. Tons of period character throughout the property. Dense rental market with low vacancy and only 2 minutes from the freeway and 5 minutes to downtown LA. Great opportunity to buy a stabilized, generational asset in the heart of Los Angeles! Please drive by only, do not disturb tenants.
Property Details
Price:
$1,895,000
MLS #:
SB24060714
Status:
Active
Baths:
0
Address:
155 S Westmoreland Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Mar 20, 2024
State:
CA
ZIP:
90004
Lot Size:
6,499 sqft / 0.15 acres (approx)
Year Built:
1937
See this Listing
Mortgage Calculator
Schools
Interior
Accessibility Features
Parking
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Features
Shared Driveway, Side by Side, Uncovered
Parking Spots
8.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Stories Total
2
View
None
Water Source
Public
Financial
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Map
Community
- Address155 S Westmoreland Avenue Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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Courtesy of Buckingham Investments, Inc. 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.
155 S Westmoreland Avenue
Los Angeles, CA
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