200-208 S Westmoreland Ave - Multi-Family FOR SALE


Los Angeles, CA 90004- Koreatown
$3,988,000 USD
213-503-8070
200-208 S Westmoreland Ave, Los Angeles, CA for Sale
$3,988,000 USD
Multi-Family - FOR SALE
1/18
null | Request Cap Rate

200-208 S Westmoreland Ave
Los Angeles, CA 90004
Koreatown


HIGHLIGHTS

  • Two adjacent parcels for larger development possibilities
  • Strong appreciation potential ideal for multi-family development or value add investors
  • Prime location & vacant delivery

OVERVIEW

We are pleased to present this exclusive offering memorandum for a premier two parcels being sold together, strategically located in the heart of Koreatown. This property represents a unique investment opportunity, combining prime development potential with Tier 3 TOC incentives. They are two adjacent parcels that is ideal for a new multifamily development or value add investors that will generate stable, long-term income. Both will be delivered vacant.

FOR SALE DETAILS

PRICE

$3,988,000 USD

PRICE/SF

$856 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,994,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LAR3

APN/PARCEL ID

5501-020-015,5501-020-016

ASK ABOUT THIS PROPERTY

Mi Jeong Stella KimMi Jeong KimMore Info
213-503-8070

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Mi Jeong Stella KimMi Jeong KimMore Info
213-503-8070

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.