• 1400 S Westmoreland Avenue Los Angeles, CA 90006

  • $1,469,000
  • 6
    Bed(s)
  • 0
    Baths
  • 4,614
    Sq Ft
  • 6764
    Sqft
  • Listed By: Seong Kelly Chong, Dream Realty & Investments Inc, DRE #01273557
  • Source: CRMLS

Excellent Well Maintained 5-unit income property on high demand rental area. Two separate wood frame stucco buildings are located in the Mid-Wilshire area. Front Building = 4 units built in 1913 and consists of 4 very spacious One Bedroom/One Bathroom Units averaging over 900 SF each. Back Building= 1 unit ( DetachedSingle-Family-Residence), a large 2bed+1bath unit is built on the backside built-in 1995 as per ZIMAS. Tenants pay their own utility for Gas and Electric that are individually metered. On-site parking is available with four garages, the total can be 8. . Westmoreland has many upgrades which will reduce the cost of ownership including updated electrical, majority of new copper plumbing, new drain lines, and new paint. Property sold as-is condition. The desirable area rapidly growing in value with walkable post office, eats, K-Town, USC, DTLA, entertainment centers. Value-added opportunity to own your first income unit or for your next successful income-generating portfolio. Please Call L.A for more Info.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 6

Bathroom Information

Total Baths: 5

Full Baths: 0

Half Baths: 0

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1995

Building Area Total: 4,614

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1553

Lot Size Source: Assessor

Lot Size Square Feet: 6764

Listing Price Information

Original List Price: 1,469,000

Listing Contract Date: 2024-03-15

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5056003007

Garage and Parking

Garage Description: Garage,Uncovered

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C16 - Mid Los Angeles

Postal Code Plus 4: 4629

Directions: EAST OF VERMONT / BETWEEN PICO AND VENICE

Zoning: LARD1.5

Source Property Type: Residential Income

Area: C16 - Mid Los Angeles

Building and Construction

Property Age: 29

Year Built Source: Vendor Enhanced

Total Square Feet Living: 4614

Levels or Stories: One,Two

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1637 S Vermont Avenue, Los Angeles, CA,90006 $2,600,000 -- -- -- 12750 Sqft
1833 W Pico Boulevard, Los Angeles, CA,90006 $1,350,000 -- -- -- 6247 Sqft
980 S Oxford Avenue #403, Los Angeles, CA,90006 $770,000 3 2 1,324 15497 Sqft
1661 S Normandie Avenue, Los Angeles, CA,90006 $1,200,000 2 1 3,396 6208 Sqft
1421 Courtland Avenue, Los Angeles, CA,90006 $900,000 -- -- 2,087 3941 Sqft
1144 Elden Avenue, Los Angeles, CA,90006 $3,000,000 18 -- 9,758 7000 Sqft
1138 S Mariposa Avenue, Los Angeles, CA,90006 $1,499,000 8 -- 4,064 5904 Sqft
1125 S Lake Street, Los Angeles, CA,90006 $968,000 9 4 4,117 8579 Sqft
943 S Normandie Avenue #1, Los Angeles, CA,90006 $420,000 1 1 338 4140 Sqft
1217 S Kingsley Drive, Los Angeles, CA,90006 $890,000 3 -- 1,597 5899 Sqft

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ByOwner last updated this listing 05/16/2024 @ 03:47

MLS: 24369325
LISTED BY: Seong Kelly Chong, Dream Realty & Investments Inc
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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