Excellent Well Maintained 5-unit income property on high demand rental area. Two separate wood frame stucco buildings are located in the Mid-Wilshire area. Each of the four units has one room and another space that looks like a den. Front Building = 4 units built in 1913… Read More and consists of 4 very spacious One Bedroom/One Bathroom Units averaging over 900 SF each. Back Building= 1 unit ( DetachedSingle-Family-Residence), a large 2bed+1bath unit is built on the backside built-in 1995 as per ZIMAS. Tenants pay their own utility for Gas and Electric that are individually metered. On-site parking is available with four garages, the total can be 8. . Westmoreland has many upgrades which will reduce the cost of ownership including updated electrical, majority of new copper plumbing, new drain lines, and new paint. Property sold as-is condition. The desirable area rapidly growing in value with walkable post office, eats, K-Town, USC, DTLA, entertainment centers. Value-added opportunity to own your first income unit or for your next successful income-generating portfolio. Please Call L.A for more Info. Read Less
Property listed by Dream Realty & Investments Inc, Seong Kelly Chong 213-380-8949
Listing Snapshot
Days Online
42
Last Updated
Property Type
Other
Beds
6
Square Ft.
4,614
Lot Size
0.16 Acres
Year Built
1995
MLS Number
24447939
30 Days Snapshot Of 90006
$677k
+28%
(avg) sold price
4
+300%
homes sold
76
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1995, Building area total: 4,614, Levels: One, Two, Living area: 4614, 1 story, 2 buildings
Garage
4 spaces
Heating
WallFurnace
Income
Gross income: $90,432, Net operating income: $64,582
Lot
0.1553 acres, 6,764 square feet, Size: 6,764
Parking
4 open parking spaces, 8 totals parking, Garage, Uncovered
Property
Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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