1510 S Westmoreland Avenue, Los Angeles, CA 90006

$869,500

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List Price
$869,500
Status
ACTIVE
MLS#
SR26225256
Year Built
1907
Lot Size
6,797
Acres
0.16
Lot Location
Yard
Days on Market
2
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Well priced, clean 5-unit property in convenient Pico-Union location. Well maintained 4-plex on Westmoreland, this also includes a 2br/1ba SFR behind the 4-plex on Orchard Ave. The lot goes street (Westmoreland) to street (Orchard). This property sits one block south of numerous new ground up construction projects and many active renovations. The lot size and street-to-street access creates opportunity for investors. The units in the 4-plex also feature a bonus room. There is considerable upside potential in the rent schedule. Expenses include Buyer's new estimated taxes. The property is fully occupied. DO NOT DISTURB TENANTS and DO NOT walk the property without listing agent's prior authorization. All references to measurements are approximate, Buyer is advised to perform his/her own due diligence to verify all information pertinent to the property. Send Offers and Buyer's Proof of Funds to Listing Agent. Showing only upon accepted Offer.

Additional Information

Appliances
Water Heater
Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$91,884
Operating Expense
24057

Listing courtesy of Listing Agent: Ted Mortarotti (tm@thehowgroup.com) from Listing Office: Equity Union.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.