10965 Rochester Avenue, Los Angeles, CA 90024
Property
Sold December 2024
Listing Agent: Ramin Gheitanchi (DRE #01501715) · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Ramin Gheitanchi · Keller Williams Beverly Hills · MLS #24448141 · Source: CRMLS
About this property
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).
Listing description from the December 2024 sale, as reported to CRMLS.
Sale history