REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Chad Sliwa

chad.sliwa@gmail.com +1(619) 871-1219

$1,899,000

Est. payment - /mo

9,443 Sqft Lot

Save

UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26240832

HOA Y/N No

Year Built 1960

Lot Size 9,443 Sqft

Property Sub-Type Apartment

Property Description

Ten apartments in a garden-style building totalling 6,258 SF on a 9,442 SF, with 10 assigned parking spaces. The unit mix is eight 1 bed/1 bath units, one 2 bed/1 bath unit and one spacious 2 bed/2 bath unit. Built in 1960, the property has been well maintained, upgraded and without major deferred maintenance. Most units have been thoroughly remodelled, and a new roof takes care of a big capex item.

Aggressively priced at an 8.49% CAP rate and 8.47 GRM on scheduled rents, with a 9.32% pro forma CAP. Nine of ten units are occupied. The vacant and remodelled 2 bed/2 bath gives a buyer the option to move in or lease it at market rent, and in-place rents leave room to grow as units turn over.

The property is in Westmont, in unincorporated Los Angeles County. It is outside the City of Los Angeles Rent Stabilization Ordinance and Systematic Code Enforcement Program, and is not served by LADWP.

About half a mile from the Metro C Line Vermont/Athens station and minutes from Imperial Highway and the 105 and 110 freeways, with easy access to Downtown LA, LAX and the South Bay.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Fireplace No

Laundry None

Exterior

Parking Features Assigned, Carport

Carport Spaces 3

Pool None

Community Features Sidewalks

Total Parking Spaces 10

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6076017015

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Matias Stofenmacher Edgestone Real Estate, Inc. 818-464-5707, DRE #01705003

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

1377 W 112th Los Angeles, CA 90044