1715 Westmoreland Boulevard
Los Angeles, CA 90006
- – beds
- – baths
- – sqft
- 10,083 sqft lot
- 1986 build
- – on site
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We are pleased to present Westmoreland Apartments, a 1986 constructed multi-family property located in the Harvard Heights section of Los Angeles. Located at 1715 Westmoreland Blvd, this well maintained property is comprised of one x single/three-quarter bath, six x one bedroom/one bath, and four x two bedroom/one bath apartments. It appears the single unit may have been an office at one time and was converted to an apartment without permit. The property is subject to AB 1482 but not subject to the city of Los Angeles Rental Stabilization Ordinance. For 2022, AB 1482 allowed for 10% rent increases. There are four section 8 tenants. Each unit has its own water heater. The property has been under the same ownership for over ten years. The property was recently painted and the driveway was repaved. The current loan on the property is assumable and has a very attractive below market rate of 3.65%. The loan is fixed until April, 2026 at which time it becomes adjustable. With the assumption, the property generates significant cashflow starting on day one of ownership. Please download the OM for more specific details, and contact listing agent for more information. Please do not walk on property, tenants are not aware of sale.
Last checked:
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Last updated Jul 19, 2023
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MLS# 23251007 —
The Building
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Year Built:1986
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New Construction:No
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Building Area Total:7028.00
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# of Buildings:1
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Total Number Of Units:11
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Stories Total:2
Interior
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Laundry:Community
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Laundry:1
Location
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Directions:2 blocks east of Western between Venice Blvd and Washington Blvd
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Latitude:34.04224700
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Longitude:-118.30692200
The Property
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Property Type:Residential Income
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Zoning:LAR2
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Lot Size Area:10083.0000
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Lot Size Acres:0.2315
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Lot Size SqFt:10083.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5074017014
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
The Community
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Senior Community:No
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Association:No
Parking
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Parking:Yes
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Parking:Gated
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Parking Spaces:15.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/18/23
Jul 18, 2023
|
Sold | CRMLS_CA | $3,265,000 | -4.0% |
|
5/4/23
May 4, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $3,400,000 | |
|
3/15/23
Mar 15, 2023
|
Listed / Active | CRMLS_CA | $3,400,000 |
