434 S Westmoreland, Los Angeles, CA 90020
- $4,890,000
- List Price
- $4,890,000
- Status
- ACTIVE
- MLS#
- WS26211777
- Year Built
- 1992
- Lot Size
- 10,212
- Acres
- 0.23
- Lot Location
- Near Park, Near Public Transit
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Three Or More Levels
Property Description
20 unit apartment building ideally situated in the highly desirable Koreatown/Wilshire Center area. Good unit mix of four 2 bedrooms/2 baths, fourteen 1 bedroom/1.5 baths, one 1 bedroom/1 bath and one studio. Units feature high ceilings, two story loft layout, private balconies, gated parking, and lots of natural light. Building has a 3 year old roof and 10+ units have new ACs. Separate meters for gas and electricity. This well-located asset offers investors the opportunity to own a substantial multifamily property in one of Los Angeles’ most established and sought-after urban rental markets. The property is near restaurants, shopping, entertainment, and convenient transportation options, providing residents with easy access to the best of central Los Angeles.
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Additional Information
- Pool Description
- None
- Heat
- Central, Ductless
- Cooling
- Yes
- Cooling Description
- Central Air, Ductless
- Garage Spaces Total
- 24
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 20
- Gross Scheduled Income
- $423,600
- Operating Expense
- 133646
- Garage Spaces
- 24
- Levels
- Three Or More
- Parking Spaces
- 24
Listing courtesy of Listing Agent: CRYSTAL YOUNG (crystal@resoundproperties.com) from Listing Office: Resound Properties.
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