

Listed by BUCKINGHAM INVESTMENTS
$1,700,000
155 S Westmoreland Avenue
Details
APN 5501015002
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 4.30%
Buildings 2
Stories 2
Acreage 0.149
Zoning Assessor
Multifamily | 4.30% CAP | 4 Units
Marketing description
Delivered fully stabilized! 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 property has been meticulously maintained with recently updated landscaping and electrical system, sewer line replacement, and rebuilt showers and plumbing. 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.
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Listed by BUCKINGHAM INVESTMENTS
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