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

5

Building size

4,358 sqft

Lot size

6,797 sqft

Year built

1907

Stories

2

Garage spaces

0

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

5

MLS #

248719076

About this property

Well priced, clean 5-unit property in convenient Pico-Union location. Well maintained 4-plex on Westmoreland, this also includes a 2br/1ba SFR behind the 4-plex on Orchard Ave. The lot goes street (Westmoreland) to street (Orchard). This property sits one block south of numerous new ground up construction projects and many active renovations. The lot size and street-to-street access creates opportunity for investors. The units in the 4-plex also feature a bonus room. There is considerable upside potential in the rent schedule. Expenses include Buyer's new estimated taxes. The property is fully occupied. DO NOT DISTURB TENANTS and DO NOT walk the property without listing agent's prior authorization. All references to measurements are approximate, Buyer is advised to perform his/her own due diligence to verify all information pertinent to the property. Send Offers and Buyer's Proof of Funds to Listing Agent. Showing only upon accepted Offer.

Location

1510 S Westmoreland Avenue

Los Angeles, Los Angeles, CA, 90006