434 S Westmoreland, Los Angeles, CA 90020

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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.

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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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.