155 S Westmoreland Avenue Los Angeles, CA ^$ 1,995,000

155 S Westmoreland Avenue

^$ 1,995,000

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155 S Westmoreland Avenue

Los Angeles, CA, 90004

^$ 1,995,000

Bedrooms8 Baths4.0 Sq 3,744

Monthly Estimate*

^$ 13,936

Listed by Buckingham Investments, Inc

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Multi-Family Home for sale in Los Angeles, CA

for $1,995,000 with 8 bedrooms and 4 full baths. This 3,744 square foot home was built in 1937 on a lot size of 0.1492.

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, and sewer line. All units are side-by-side with 2 beds/1 bath each, 3 of which have been recently remodeled. 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.

Multi-Family Active

Price

^$ 1,995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1492

Year Built

1937

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB24060714

Days on Market

Features

General

Sewer PublicSewer

Utilities ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected

Roof Shingle

Appliances Dryer

Zoning LAR3

Garage Spaces 0.0

Pool Features None

Year Built 1937

View None

Property SubType Apartment

Gross Income 0.0

Community Features Urban

Accessibility Parking

County Los Angeles

Net Operating Income 62903.0

Operating Expense 46149.0

Insurance Expense 4680.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Broker does not guarantee accuracy of the information provided by seller or public records. Buyers are encouraged to conduct thorough due diligence independently.

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions On West side of Westmoreland at the end of the dead-end street.

City Los Angeles

Entry Location Level 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 8.0

Total Units 4

MLS Area C17 - Mid-Wilshire

Lot Size Square Feet 6499.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Westmoreland

Listing Terms Cash CashtoNewLoan Conventional

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 519.0

Home Warranty Y/N N

Fuel Expense 519.0

Trash Expense 519.0

Water Sewer Expense 519.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 18

Property Sub Type Additional Apartment

Cap Rate 3.2

Exterior

Parking Features SharedDriveway SideBySide Uncovered

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 8.0

Lot Size Area 6499.0

Number of Buildings 2

Spa N

Building Area Total 3744.0

Lot Size Acres 0.1492

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 4

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 155

* Excluded Features

List By

Buckingham Investments, Inc

Broker

(310) 982-7055

Phone

Affordability Calculator

$13,936

Per Month

Monthly Principal & Interest: $13,936
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,000,821

Percent of Sale Price 0%

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.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/27/2024	$1,995,000		Listed Price

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155 S Westmoreland Avenue, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $1,995,000 with 3,744 sqft and a lot size of 0.1492. 155 S Westmoreland Avenue has 8 bedrooms, 4.0 baths, and was built in 1937. The property's zip code is 90004 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. 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.

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155 S Westmoreland Avenue

Multi-Family Home for sale in Los Angeles, CA

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