155 S Westmoreland Avenue

Los Angeles, CA 90004

PRICE REDUCED

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-$100,000 (-5.01%)

$1,895,000

List Price

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1937

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Property 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.

Listing Information

List Price $1,895,000
Status Active
MLS SB24060714
Type Residential Income
Subtype Apartment
Year Built 1937
Lot Size 6,499
Structure Size N/A
DOM 162
Courtesy Of Buckingham Investments, Inc
Listing Agent Malcolm Zeger DRE#02013882

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Malcolm Zeger, Buckingham Investments, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 5th, 2024 at 7:42 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.