149 S Westmoreland Ave - Apartments FOR SALE
Los Angeles, CA 90004 |
149 S Westmoreland Ave
Los Angeles, CA 90004
HIGHLIGHTS
- There is 57 percent remaining rental upside through interior renovations
- Located in a designated opportunity zone and may be eligible for preferential tax treatment
- The 2028 Summer Games are expected to boost LA’s real estate market through infrastructure upgrades and enhancements to nearby venues
- 88% Two Bedroom Units - Excellent Unit Mix Consisting of Two-Bedroom and One-Bedroom Units
- Low Operating Cost - Individually metered for gas & electric with separate water heaters
- Long Term Ownership - Privately owned & operated for the last 11 years
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
An 8-Unit Value-Add Apartment Near Koreatown
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
8458
STORIES
2
YEAR BUILT
1926
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5501-015-003
