See Home Value
Los Angeles 90006 Pico Union
1400 South WESTMORELAND Avenue
$1,724,065*
Multifamily - Off Market

1400 South WESTMORELAND Avenue

Los Angeles (City), CA 90006
bedrooms
6 Beds
bathrooms
5 Baths
square feet
4614 Sqft
$1,089,000 - $1,331,000
Reference Base Price*
42.48%
Since Apr 1, 2020
CA-Los Angeles
Primary Model

About This Property

LA 1 Mike Pesci Cell [email protected] or LA 2 James Antonucci Cell [email protected] maintained property - 5 Large Units located at 1400-1402 1/2 S. Westmoreland Ave and 1401 S Orchard Ave in Los Angeles. Excellent Rental Location - close to redeveloping Downtown LA, USC and Koreatown!  Freeway and Transit close!  Individually metered for Gas and Electric.  Westmoreland has many upgrades which will reduce the cost of ownership including updated electrical, majority new cooper plumbing, new drain lines and newer roof. Property consists of 5 units - (4) Four (1) One Bedroom and (1) Bath Units (1913 Construction) and (1) One - 2 Bedroom + 1 Bath Unit (1995 Construction).  Very Strong cash flow with approximately 20% upside in rents!  There is on-site parking and garages which is an added amenity for tenants. The property boast a walkscore of 88 as it is within walking distance of restaurants, post office, shopping and major public/transit access.

The manager has listed the unit size as 4614 square feet.
Unit Size
4,614Ft²
Days on Market
-
Land Size
6,764.00 acres
Price per sqft
$262
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1995

Price History

Date / Event Date Event Price
Mar 8, 2020 No longer available -
No longer available
Jan 13, 2020 Price Decreased $1,210,000
↓ $89K (6.9%)
Price Decreased
Nov 11, 2019 Listed $1,299,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
3,118 ft²
$385/ft²
$1,200,000 Aug 8, 2022
-
-
Multifamily
Stu
-
2,748 ft²
$473/ft²
$1,300,000 Dec 14, 2022
-
-
Multifamily
Stu
-
2,775 ft²
$501/ft²
$1,390,000 Apr 9, 2022
-
-
Multifamily
Stu
-
2,295 ft²
$523/ft²
$1,199,500 Sep 8, 2022
-
-
Multifamily
5 Beds
-
-
$1,047,500 Nov 16, 2022
-
-
Multifamily
5 Beds
-
-
$1,047,500 Nov 16, 2022
-
-
Multifamily
3 Beds
-
-
$1,300,000 Oct 1, 2022
-
-
Multifamily
8 Beds
-
-
$1,349,000 Jan 3, 2023
-
-
Multifamily
3 Beds
-
-
$1,400,000 Jul 4, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191111
11/11/2019
6 Bed
5 Bath
4614 ft²
$1,299,000
bedrooms
6 Bed
bathrooms
5 Bath
square feet
4614 ft²
-
-
-
-
20181119
11/19/2018
6 Bed
5 Bath
4614 ft²
$1,500,000
bedrooms
6 Bed
bathrooms
5 Bath
square feet
4614 ft²
-
-
-
-

Building Info

1400 South Westmoreland Avenue 1400 South Westmoreland Avenue, Los Angeles, CA 90006
More about this Building
1400 South Westmoreland Avenue
Want to find out who owns 1400 South Westmoreland Avenue, Los Angeles, CA 90006? Get detailed property transactions here .

About Central LA


Similar Homes for Sale

Unit for sale at 1029 South Normandie Avenue, Los Angeles, CA 90006

$1,400,000

  • 3 Beds
1029 South Normandie Avenue, Los Angeles, CA 90006 Listing by Max Lee
Unit for sale at 1714 Arapahoe Street, Los Angeles, CA 90006

$1,349,000

  • 8 Beds
1714 Arapahoe Street, Los Angeles, CA 90006 Listing by Robert Howell
Unit for sale at 1146 South Normandie Avenue, Los Angeles, CA 90006

$1,300,000

  • 3 Beds
1146 South Normandie Avenue, Los Angeles, CA 90006 Listing by Emilia Arau

Nearby Rentals

Unit for rent at 900 W Olympic Blvd, Los Angeles, CA, 90015

$8,999 /mo

  • 2 Beds
  • 3 Baths
  • 2,000 ft²
900 W Olympic Blvd #44B, Los Angeles, CA, 90015 Listing by Yvonne Neustadter


Quantcast