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Map
$1,724,065*
●
Multifamily -
Off Market
1400 South WESTMORELAND Avenue
Los Angeles (City), CA 90006
6 Beds
5 Baths
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
Stu
-
3,118 ft²
$385/ft²
$1,200,000
Aug 8, 2022
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/11/2019
|
|
6 Bed
|
5 Bath
|
4614 ft²
|
$1,299,000
6 Bed
5 Bath
4614 ft²
|
-
-
|
-
|
-
|
11/19/2018
|
|
6 Bed
|
5 Bath
|
4614 ft²
|
$1,500,000
6 Bed
5 Bath
4614 ft²
|
-
-
|
-
|
-
|
Building Info
1400 South Westmoreland Avenue
1400 South Westmoreland Avenue, Los Angeles, CA 90006