Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

20

Building size

15,106 sqft

Lot size

10,212 sqft

Year built

1992

Stories

3

Garage spaces

24

Heating

Ductless,Central

Cooling

Central Air,Ductless

Pool

None

Status

Active

Days on market

4

MLS #

247607312

About this property

20 unit apartment building ideally situated in the highly desirable Koreatown/Wilshire Center area. Good unit mix of four 2 bedrooms/2 baths, fourteen 1 bedroom/1.5 baths, one 1 bedroom/1 bath and one studio. Units feature high ceilings, two story loft layout, private balconies, gated parking, and lots of natural light. Building has a 3 year old roof and 10+ units have new ACs. Separate meters for gas and electricity. This well-located asset offers investors the opportunity to own a substantial multifamily property in one of Los Angeles’ most established and sought-after urban rental markets. The property is near restaurants, shopping, entertainment, and convenient transportation options, providing residents with easy access to the best of central Los Angeles.

Location

434 S Westmoreland

Los Angeles, Los Angeles, CA, 90020