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1400 S WESTMORELAND Avenue Los Angeles, CA $ 1,469,000
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1400 S WESTMORELAND Avenue
$ 1,469,000
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1400 S WESTMORELAND Avenue

Los Angeles, CA, 90006
$ 1,469,000
Bedrooms6 Baths5.0 Sq 4,614

Monthly Estimate*

$ 10,261

Listed by Dream Realty & Investments Inc
1400 S WESTMORELAND Avenue, Los Angeles, CA 90006 - Image 1
1400 S WESTMORELAND Avenue, Los Angeles, CA 90006 - Image 2
1400 S WESTMORELAND Avenue, Los Angeles, CA 90006 - Image 3
1400 S WESTMORELAND Avenue, Los Angeles, CA 90006 - Image 4
1400 S WESTMORELAND Avenue, Los Angeles, CA 90006 - Image 5

Multi-Family Home for sale in Los Angeles, CA

for $1,469,000 with 6 bedrooms and 5 full baths. This 4,614 square foot home was built in 1995 on a lot size of 0.1553.

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.

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Multi-Family Active

Price

$ 1,469,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1553

Year Built

1995

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24369325

Days on Market

43
Features
General
Heating WallFurnace
Zoning LARD1.5
Garage Spaces 4.0
Year Built 1995
Stories 1
Levels One Two
Gross Income 90432.0
County Los Angeles
Net Operating Income 64581.97
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions EAST OF VERMONT / BETWEEN PICO AND VENICE
City Los Angeles
View Y/N N
Senior Community Y/N N
Open Parking Spaces 4.0
Total Units 5
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 6764.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name WESTMORELAND
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Active
Cap Rate 4.39
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Exterior
Parking Features Garage Uncovered
Total Parking 8.0
Lot Size Area 6764.0
Number of Buildings 2
Spa N
Building Area Total 4614.0
Lot Size Acres 0.1553
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 5
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Internal Only
Street Number 1 1400
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* Excluded Features
List By
Dream Realty & Investments Inc

Broker

(213) 500-4803

Phone

Affordability Calculator

$10,261
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,261
Monthly Property Taxes
--
Monthly Home Insurance
--
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
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/16/2024$1,469,000 Listed Price

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1400 S 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 0.1553. 1400 S WESTMORELAND Avenue has 6 bedrooms, 5.0 baths, and was built in 1995. The property's zip code is 90006 which is in Los Angeles, CA

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