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

Year Built
2022
Parking
10
Price / Sq Ft
$489
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
49 Days
Acres
0.1715

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

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2022 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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