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1715 Westmoreland Boulevard
Los Angeles, CA 90006
Sold
1715 Westmoreland Boulevard
Los Angeles, CA 90006
Sold
We are pleased to present Westmoreland Apartments, a 1986 constructed multi-family property located in the Harvard Heights section of Los Angeles. Located at 1715 Westmoreland Blvd, this well maintained property is comprised of one x single/three-quarter bath, six x one bedroom/one bath, and four x two bedroom/one bath apartments. It appears the single unit may have been an office at one time and was converted to an apartment without permit. The property is subject to AB 1482 but not subject to the city of Los Angeles Rental Stabilization Ordinance. For 2022, AB 1482 allowed for 10% rent increases. There are four section 8 tenants. Each unit has its own water heater. The property has been under the same ownership for over ten years. The property was recently painted and the driveway was repaved. The current loan on the property is assumable and has a very attractive below market rate of 3.65%. The loan is fixed until April, 2026 at which time it becomes adjustable. With the assumption, the property generates significant cashflow starting on day one of ownership. Please download the OM for more specific details, and contact listing agent for more information. Please do not walk on property, tenants are not aware of sale.
PROPERTY INFORMATION
| MLS # | 23251007 | Lot Size | 10,083 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 3,400,000
Price Per SqFt: $ 484 |
DOM | 781 Days |
| Address | 1715 Westmoreland Boulevard | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 7,028 Sq. Ft. |
| Postal Code | 90006 | Garage | N/A |
| County | Los Angeles | Year Built | 1986 |
| Bed / Bath | 14 / 0 | Parking | 15 |
| Built In | 1986 | Status | Closed |
| Sold Date | 2023-07-18 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | No |
| Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
Walk Score: 88 (Very Walkable)
Transit Score: 62 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,627
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/04/2023 | Active Under Contract | $3,400,000 |
| 03/15/2023 | Listed | $3,400,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Robert Leveen, Robert Leveen. 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.
