115 Westmoreland Avenue, Los Angeles, CA 90004

Photo 1

Property Description

** Each 4 plex is $1,425,000 - combined price for the 8 units is $2,850,000 ** This is part of a two building portfolio totaling 8 units to be sold together** ( 2) Four plex's** Sold with 119 Westmoreland** Beautiful Los Angeles Art Deco Apartment building spanning two lots. Gated with ample parking and a generous inviting courtyard.The property is very well maintained and consists of two 4 units buildings. All units have large 2 bedrooms and one car parking in the rear. 4 of the 8 units have undergone condo quality renovations with new flooring , floor to ceiling tiling , new windows, modern kitchens and baths, stone counters , stainless steel appliances , dual vanities ,recessed lighting , new moldings and doors, as well as spilt AC systems. The area is extremely central and close to the Vermont and Beverly Metro station. The rents have significant upside and March 1, 2024 will call for a 4 % increase in rents. The rear parking area has room to add two ADU's for more future income. There is an on -site laundry room and storage bins in the rear. Very Easy to manage.


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 115 Westmoreland Avenue
City Los Angeles
State CA
Zip 90004
County Los Angeles
Listing Agent Alex Galuz DRE #01291486
Courtesy Of Keller Williams Realty Calabasas
Close Price $1,350,000
Status Closed
Type Residential Income
Structure Size N/A
Lot Size 6,496
Year Built 1939

Listing information courtesy of: Alex Galuz, Keller Williams Realty Calabasas. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 11th, 2024 at 3:19 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.