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1433 Westmoreland Avenue
Los Angeles, CA 90006
Welcome to a spectacular multi family investment opportunity conveniently located near the 10 freeway with easy access to Downtown Los Angeles. This 2022 construction that consists of five townhome style units, will be delivered with four units occupied and one vacant unit with plenty of rental upside. Once fully occupied, this property will provide $20,810 per month in rent and an unheard of 5.8% CAP RATE. The front two duplexes consist of 4 four bedroom townhome style apartments that each have spacious floor plans, balconies, and stainless steel appliances. The rear most building is a stand alone four bedroom SFD that provides increased privacy. All five units come with on site tandem parking! This building is a great opportunity to step into immediate consistent income and simple, low effort management!
PROPERTY INFORMATION
| MLS # | 24450567 | Lot Size | 7,474 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 3,295,000
Price Per SqFt: $ 408 |
DOM | 208 Days |
| Address | 1433 Westmoreland Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 8,080 Sq. Ft. |
| Postal Code | 90006 | Garage | N/A |
| County | Los Angeles | Year Built | 2022 |
| Bed / Bath | 20 / 0 | Parking | 10 |
| Built In | 2022 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Washer Included, Dryer Included |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan |
| Has Heating | Yes |
| Heating Information | Central |
| Has Cooling | Yes |
| Cooling Information | Central Air |
EXTERIOR FEATURES
WALKSCORE
Walk Score: 89 (Very Walkable)
Transit Score: 69 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,515
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/09/2024 | Listed | $2,995,000 |
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(844)-333-8033
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Listing provided courtesy of Isaac Davidi, On Track Property. 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.
