155 S Westmoreland Avenue
Los Angeles, CA 90004
0.15 acres | #SB24060714
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.
Property Details
- Lot DescriptionTwoToFiveUnitsAcre
- Stories2
Measurements
- Acres0.1492
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1937
Utilities / Energy Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,995,000
Other
- MLS #SB24060714
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Malcolm Zeger (#sbzegemal)
Listing Office: Buckingham Investments, Inc (#SB1301700)
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