



1437 S WESTMORELAND AVE LOS ANGELES, CA 90006
$3,995,000
Listed By Yohann Bensimon, Keller Williams Hollywood Hills
20
Bedrooms
16
Total Baths
—
Full Baths
8,163
Square Feet
0.17
Acres
2022
Year Built
Active
Status
MLS#
22-154881
We are pleased to present 1433 S Westmoreland Avenue, a newly built 5-unit townhouse complex in Pico Union. This high demand rental will provide proud investors with a 5.24% Cap Rate, with easy maintenance and little management needed. 1433 S Westmoreland features (2) 4 Bed/3.5 Bath, (2) 4 Bed/ 2.5 Bath, and (1) 4 Bed/ 4 Bath units with high ceilings, attached balconies, in-unit washer & dryer, stainless steel appliances, and attached tandem parking. In addition to the impressive return, investors will notice increased gentrification occurring at a quick pace in Pico Union as upscale multifamily developments are increasingly popping up, heightening the desirability of the neighborhood. The developer has kept in mind the needs and desires of today's renters and executed accordingly within these five units. Investors will also enjoy extreme desirability in the already present active community and steadily increasing rents for years to come. Please call LA1 for showings. ***The property is fully Vacant.
Details
Listing Office Keller Williams Hollywood Hills, 310-623-1300
MLS# 22-154881
Updated 7:08AM - 6/27/2022
Listing Agent Yohann Bensimon, 310-923-1550
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