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Property Description

Prime Westwood rarely traded 18-unit trophy apartment building offered for sale for the 1st time in over 40 years. Property is located 3 blocks south of Wilshire Blvd and just west of Westwood Blvd. Well maintained asset with 13 out of 18 units renovated and 4 units to be delivered vacant at closing. Good unit mix of 15 spacious 1 bedroom units and 3 studios. Property features underground gated parking with 18 spots, elevator, formal lobby, controlled intercom access, trash chute on each floor and a laundry room with machines owned by the Seller. Priced at only $388,611/unit, $508/S.F., 4% CAP and 15.08 GRM with current rents. Priced at 11.9 GRM and 5.6% CAP with rents at market (buyer to confirm).

Features
: electric
: Wall/window Unit(s)
3
: Community
0
Additional Information
Keller Williams Beverly Hills
0
CLW-X86279
CLW-X74054
Ramin
4324006016
: Standard
Three Or More
32

Multi-Family For Sale

10965 Rochester Avenue, Los Angeles, California 90024

13,755 Sqft
$6,995,000
Listing ID #24448141
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24448141
Price : $6,995,000
Living Area : 13,755 Sqft
Lot Size : 7,650 Sqft
Year Built : 1971
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90024
Price Per Square Foot : $509
ModificationTimestamp : 2024-10-02 17:05:12
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