1400 South Westmoreland Avenue Los Angeles, CA ^$ 1,469,000

1400 South Westmoreland Avenue

^$ 1,469,000

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1400 South Westmoreland Avenue

Los Angeles, CA, 90006

^$ 1,469,000

Studio Baths0.0 Sq 4,614

Monthly Estimate*

^$ 10,261

1400 South Westmoreland Avenue, Los Angeles, CA 90006 - Image 1

1400 South Westmoreland Avenue, Los Angeles, CA 90006 - Image 2

1400 South Westmoreland Avenue, Los Angeles, CA 90006 - Image 3

1400 South Westmoreland Avenue, Los Angeles, CA 90006 - Image 4

1400 South Westmoreland Avenue, Los Angeles, CA 90006 - Image 5

Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,469,000. This 4,614 square foot home was built in 1995 on a lot size of 0.16.

Excellent Well Maintained 5-unit income property on high demand rental area. Two separate wood frame stucco buildings are located in the Mid-Wilshire area. Front Building = 4 units built in 1913 and consists of 4 very spacious One Bedroom/One Bathroom Units averaging over 900 SF each. Back Building= 1 unit ( DetachedSingle-Family-Residence), a large 2bed+1bath unit is built on the backside built-in 1995 as per ZIMAS. Tenants pay their own utility for Gas and Electric that are individually metered. On-site parking is available with four garages, the total can be 8. . Westmoreland has many upgrades which will reduce the cost of ownership including updated electrical, majority of new copper plumbing, new drain lines, and new paint. Property sold as-is condition. The desirable area rapidly growing in value with walkable post office, eats, K-Town, USC, DTLA, entertainment centers. Value-added opportunity to own your first income unit or for your next successful income-generating portfolio. Please Call L.A for more Info.

Multi-Family Active

Price

^$ 1,469,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

1995

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024369325

Features

General

Heating Wall Furnace

Zoning LARD1.5

Year Built 1995

Levels Two One

County Los Angeles

Net Operating Income 64581.97

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 6764.0

Street Name WESTMORELAND

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Uncovered Garage

Lot Size Area 6764.0

Building Area Total 4614.0

Lot Size Acres 0.16

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Heating Y/N Yes

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Seong Kelly Chong

Listing Agent

Dream Realty & Investments Inc

Broker

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$10,261

Per Month

Monthly Principal & Interest: $10,261
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 36%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/15/2024	$1,469,000		Listed Price

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1400 South Westmoreland Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,469,000 with 4,614 sqft and a lot size of 0.16. 1400 South Westmoreland Avenue is a studio with 0.0 baths and was built in 1995. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/23/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1400 South Westmoreland Avenue

Multi-Family Home for sale in Los Angeles, CA

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