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    1121 N Westmoreland Avenue

    Los Angeles, CA 90029
    • $4,150,000
    • STATUS: ACTIVE
    • ON SITE: 150 days
    • ID#: 302652051
    UPDATED: 37 min ago
    $4,150,000
    • 7
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Los Angeles (90029)
    Type:
    Multi-Family
    Built:
    1931
    County:
    Los Angeles
    Area:
    Los Angeles (90029)

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    Description

    PRICE REDUCED $525,000 !! Three buildings on two lots.? 1121 is a 4-plex with separate water heaters.? 1125 is 7 a seven-unit building, and 1118 Lymar Place is an adjacent 4-plex.? All units are separately metered for gas and electric.? Good unit mix with one 4-bedroom and 2-bath; five 2-bedroom, 1-bath; six 1-bedroom, 1-bath and three studios.? On-site laundry.? 20 parking space.? Pitched roof.? Newer hardwood floors and ceramic tile (most units).? These two lots sold and three buildings to be sold toget PRICE REDUCED $525,000 !! Three buildings on two lots.? 1121 is a 4-plex with separate water heaters.? 1125 is 7 a seven-unit building, and 1118 Lymar Place is an adjacent 4-plex.? All units are separately metered for gas and electric.? Good unit mix with one 4-bedroom and 2-bath; five 2-bedroom, 1-bath; six 1-bedroom, 1-bath and three studios.? On-site laundry.? 20 parking space.? Pitched roof.? Newer hardwood floors and ceramic tile (most units).? These two lots sold and three buildings to be sold together.? This property also offered as part of seven building portfolio (see attached Offering Memorandum).? Shown on accepted offers only.? Please do not disturb the tenants.?

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    1121 N Westmoreland Avenue Los Angeles, CA 90029

    • Price: $4,150,000
    • Status: ACTIVE
    • Updated: 37 min ago
    • ID#: 302652051
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    1931
    Built
    Neighborhood:
    Los Angeles (90029)
    County:
    Los Angeles
    Area:
    Los Angeles (90029)
    Property Description
    PRICE REDUCED $525,000 !! Three buildings on two lots.? 1121 is a 4-plex with separate water heaters.? 1125 is 7 a seven-unit building, and 1118 Lymar Place is an adjacent 4-plex.? All units are separately metered for gas and electric.? Good unit mix with one 4-bedroom and 2-bath; five 2-bedroom, 1-bath; six 1-bedroom, 1-bath and three studios.? On-site laundry.? 20 parking space.? Pitched roof.? Newer hardwood floors and ceramic tile (most units).? These two lots sold and three buildings to be sold toget PRICE REDUCED $525,000 !! Three buildings on two lots.? 1121 is a 4-plex with separate water heaters.? 1125 is 7 a seven-unit building, and 1118 Lymar Place is an adjacent 4-plex.? All units are separately metered for gas and electric.? Good unit mix with one 4-bedroom and 2-bath; five 2-bedroom, 1-bath; six 1-bedroom, 1-bath and three studios.? On-site laundry.? 20 parking space.? Pitched roof.? Newer hardwood floors and ceramic tile (most units).? These two lots sold and three buildings to be sold together.? This property also offered as part of seven building portfolio (see attached Offering Memorandum).? Shown on accepted offers only.? Please do not disturb the tenants.?
    Exterior Features

    Pool N/K Spa N/K

    Interior Features

    Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 2

    Property Features

    Actual Cap Rate 5.59 Annual Expense Actual 74037 Assessments Yes/Remarks Buildings 3 Gross Rent Multiplier Actual 13.29 Gross Scheduled Income Actual 313399 Home Owners Fees 0.0 Possession Close Of Escrow Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 44332.0 Unit2 Rent Actual 72134.0 Unit3 Rent Actual 118968.0 Unit4 Rent Actual 35953.0 Zoning Public Rec

    Listing provided courtesy of Corcoran Group Of California Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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