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10965 Rochester Avenue
Los Angeles, CA 90024
Prime Westwood rarely traded 18-unit trophy apartment building offered for sale for the 1st time in over 40 years. Property is located 3 blocks south of Wilshire Blvd and just west of Westwood Blvd. Well maintained asset with 13 out of 18 units renovated and 4 units to be delivered vacant at closing. Good unit mix of 15 spacious 1 bedroom units and 3 studios. Property features underground gated parking with 18 spots, elevator, formal lobby, controlled intercom access, trash chute on each floor and a laundry room with machines owned by the Seller. Priced at only $388,611/unit, $508/S.F., 4% CAP and 15.08 GRM with current rents. Priced at 11.9 GRM and 5.6% CAP with rents at market (buyer to confirm).
PROPERTY INFORMATION
| MLS # | 24448141 | Lot Size | 7,650 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 6,995,000
Price Per SqFt: $ 509 |
DOM | 215 Days |
| Address | 10965 Rochester Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 13,755 Sq. Ft. |
| Postal Code | 90024 | Garage | N/A |
| County | Los Angeles | Year Built | 1971 |
| Bed / Bath | 15 / 0 | Parking | 18 |
| Built In | 1971 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Electric |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| SecuritySafety | Automatic Gate |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $7,461
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/02/2024 | Listed | $6,995,000 |
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Listing provided courtesy of Ramin Gheitanchi, Keller Williams Beverly Hills. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
