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1433 S Westmoreland Avenue

Los Angeles, CA 90006

– beds
– baths
– sqft
7,474 sqft lot
2022 build
– on site

Welcome to a spectacular multi family investment opportunity conveniently located near the 10 freeway with easy access to Downtown Los Angeles. This 2022 construction that consists of five townhome style units, will be delivered with four units occupied and one vacant unit with plenty of rental upside. Once fully occupied, this property will provide $20,810 per month in rent and an unheard of 5.8% CAP RATE. The front two duplexes consist of 4 four bedroom townhome style apartments that each have spacious floor plans, balconies, and stainless steel appliances. The rear most building is a stand alone four bedroom SFD that provides increased privacy. All five units come with on site tandem parking! This building is a great opportunity to step into immediate consistent income and simple, low effort management!

Listed By CRMLS_CA / Isaac Davidi / On Track Property

Last checked: Checking… • Last updated Oct 30, 2024 •

MLS# 24450567 —

The Building

Year Built:

2022
Year Built Source:

Builder
New Construction:

No
Building Area Total:

8080.00
# of Buildings:

3
Total Number Of Units:

5
Stories Total:

3

Interior

Levels:

Multi/Split
Laundry:

Washer Included, Dryer Included
Laundry:

1

Location

Directions:

Heading east on Pico Blvd turn right on Westmoreland Ave and the destination will be on your right
Latitude:

34.04525500
Longitude:

-118.28958100

The Property

Property Type:

Residential Income
Zoning:

LAR4
Lot Size Area:

7474.0000
Lot Size Dimensions:

47x143
Lot Size Acres:

0.1716
Lot Size SqFt:

7474.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5056002014

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Included:

Yes

The Community

Senior Community:

No
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Attached Carport
Parking Spaces:

10.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/30/24 Oct 30, 2024	Price Changed	CRMLS_CA	$3,295,000	10.0%
10/9/24 Oct 9, 2024	Listed / Active	CRMLS_CA	$2,995,000
6/20/24 Jun 20, 2024	Listed / Active	CRMLS_CA

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This multifamily located in Central LA, Los Angeles, CA 90006 is currently for sale for $3,295,000. 1433 S Westmoreland Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 27 days. 1433 S Westmoreland Avenue is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 90, making it a walker’s paradise. This multifamily is in the attendance area of West Adams Preparatory High School, Berendo Middle School, and Magnolia Avenue Elementary School.

Listing Courtesy of: CRMLS_CA and On Track Property. Based on information from California Regional Multiple Listing Service, Inc. as of 00:00 on Nov 05.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.