1433 South Westmoreland Avenue
$3,295,000
20
20
8,080
8,080
$408
Description
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...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 Isaac Davidi • DRE #01819489 • Brokerage DRE #01819489 • On Track Property
Property Details for 1433 South Westmoreland Avenue
Zoning
LAR4
Parcel Number5056002014
Total Units5.0
Living Area8080
Source Living AreaBuilder
AreaMid Los Angeles (C16)
Vacancy RateOccupied
Lot Size Area7474
LISTING UPDATED: 10/30/2024 01:42 PM
Property Details for 1433 South Westmoreland Avenue
Status | Active |
---|---|
MLS # | 24-450567 |
Days on Market | 50 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2022 |
Lot Size | 0.17 AC / 7,474 SF |
County | Los Angeles County |
Building Information for 1433 South Westmoreland Avenue
Stories3Residences-Year Built2022Building Size-Lot Size0.17 AC / 7,474 SF
Property Information for 1433 South Westmoreland Avenue
Property History for 1433 South Westmoreland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1433 South Westmoreland Avenue
Taxable ValueLand$884,565Additions$1,107,801Total$1,992,366
Tax Record2024$24,760 ($2,063 / month)
Home Facts
Total Finished SqFt7,224 SqFtAbove Grade Finished SqFt7,224 SqFtStories1Lot Size7,472 SqFtStyleMulti-Family Res (5+ Units)Year Built1909ZoningLAR4CountyLOS ANGELESAPN5056-002-014
Schools near 1433 South Westmoreland Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Magnolia Avenue Elementary School PublicK to 5 | ||
Berendo Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Monsenor Oscar Romero Charter Middle School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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