$200k in price reductions! Fully stabilized 4-unit!! 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:
$1,800,000
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
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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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155 S Westmoreland Avenue
Los Angeles, CA
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