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    1400 S Westmoreland Avenue

    Los Angeles (City), CA 90006
    • $1,652,000
    • STATUS: Active
    • ON SITE: 154 days
    • ID#: SR20255743
    $1,652,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,614
      SQFT
    • $358
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:

    School Ratings & Info

    Description

    Excellent 5-unit income property on high demand rental area. 2 separate buildings onsite.4 units built on front consist of 4 - 1bed+1bath. 1 large 2bed+1bath unit is built on the backside (almost 900sf, built in 1995).All occupied by great friendly tenants, paying their own utility for Gas and Electric that are individually metered.On site parking available with garage, 2 of which can be sold separately for an additional income (currently unused). Also has basement with small utility area.Conveniently located near multiple shops, eats, DTLA, Hollywood, parks, entertainment centers.Value-added opportunity to own your first income unit or for your next successful income generating portfolio.Make an easy appointment today and see more features of this home.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-15T00:34:56.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
    www.myorangecountyhomesearcher.com/homes/112548925
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    1400 S Westmoreland Avenue Los Angeles (City), CA 90006

    • Price: $1,652,000
    • Status: Active
    • ID#: SR20255743
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,614
    SQFT
    $358
    $/SQFT
    1913
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Excellent 5-unit income property on high demand rental area. 2 separate buildings onsite.4 units built on front consist of 4 - 1bed+1bath. 1 large 2bed+1bath unit is built on the backside (almost 900sf, built in 1995).All occupied by great friendly tenants, paying their own utility for Gas and Electric that are individually metered.On site parking available with garage, 2 of which can be sold separately for an additional income (currently unused). Also has basement with small utility area.Conveniently located near multiple shops, eats, DTLA, Hollywood, parks, entertainment centers.Value-added opportunity to own your first income unit or for your next successful income generating portfolio.Make an easy appointment today and see more features of this home.
    Exterior Features

    Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 5 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Contingency Subject To 1031 Exchange Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 85404 Gross Scheduled Income 0 Insurance Expense 2400 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 0 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 0 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 0 Water Source Public

    Listing provided courtesy of Young Hong of New Star Realty & Investment


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-15T00:34:56.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
     
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