1435 S WESTMORELAND AVE, LOS ANGELES, CA 90006

Asset 2home
Residential Multi Family
(Other)
Layer 1scale
0.1715 Acres
20 Bedrooms
Year Built : 2022
$3,795,000

Property Description

We are pleased to present 1435 S Westmoreland Avenue, a FULLY-LEASED, newly built 5-unit townhouse complex in Pico Union. This high demand rental will provide proud investors with an unparalleled 5.23% Cap Rate, with easy maintenance and little management needed. 1435 S Westmoreland features (2) 4 Bed/3.5 Bath, (2) 4 Bed/ 2.5 Bath, and (1) 4 Bed/ 4 Bath units with high ceilings, attached balconies, in-unit washer & dryer, stainless steel appliances, and attached tandem parking. In addition to the impressive return, investors will notice increased gentrification occurring at a quick pace in Pico Union as upscale multifamily developments are increasingly popping up, heightening the desirability of the neighborhood. The developer has kept in mind the needs and desires of today’s renters and executed accordingly within these five units. Investors will also enjoy extreme desirability in the already present active community and steadily increasing rents for years to come.

Contact Details

Name : Yohann
 Bensimon

Email :

Agent phone no : (310) 923-1550
List Agent License : 01966630
Office Name : Keller Williams Hollywood Hills
Office phone no : (310) 623-1300
Office MLS Id : X7252101
Listing Status : Active

Listing URL :

Copyright © 2023 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2022 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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