Homes for sale - 155 S Westmoreland AVE, Los Angeles, CA 90004

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Candice Blair

candice@candiceblairgroup.com +1(949) 466-0620

$ 1,895,000

Est. payment -/mo

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Active

155 S Westmoreland AVE Los Angeles, CA 90004

3,744 SqFt

UPDATED:

09/05/2024 07:41 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,744 sqft

Price per Sqft $506

MLS Listing ID SB24060714

HOA Y/N No

Year Built 1937

Lot Size 6,499 Sqft

Acres 0.1492

Property Description

Fully stabilized 4-unit!! Seller financing available with 50% down, 5.5% interest rate. Pride of ownership, turnkey, generational asset in a prime location of Rampart Village. There are two structures on the lot with a sliding entry gate, privacy hedges, and space for parking 8 cars. This meticulously maintained property with recently updated landscaping, electrical system, plumbing, sewer line, and roof repairs. Desirable unit mix of side-by-side 2 beds/1 bath units. All units to be delivered recently remodeled and at market rents. Located on a quiet, dead-end tree lined street in an excellent pocket of Los Angeles. Tons of period character throughout the property. Dense rental market with low vacancy and only 2 minutes from the freeway and 5 minutes to downtown LA. Great opportunity to buy a stabilized, generational asset in the heart of Los Angeles! Please drive by only, do not disturb tenants.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Interior

Laundry Dryer Included

Exterior

Parking Features Shared Driveway, Side by Side, Uncovered

Pool None

Community Features Urban

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View None

Roof Type Shingle

Handicap Access Parking

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS Cash,Cash To New Loan,Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS Please send offers subject to interior inspection and proof of funds to malcolm@buckinghaminvestments.com. Tenants are unaware of sale, please do not disturb. Buyer to cooperate with seller's 1031 exchange at no cost to buyer.

SHOW CONTACT TYPE None

SHOW INSTRUCTIONS Please send offers subject to interior inspection and proof of funds to malcolm@buckinghaminvestments.com. Tenants are unaware of sale, please do not disturb. Buyer to cooperate with seller's 1031 exchange at no cost to buyer.

Listed by Buckingham Investments, Inc

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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