1663 WESTMORELAND Boulevard, Los Angeles, CA 90006

About this property

Best investment with 5.80% Cap rate.Remodeled 3 units ,each units of 3 are 1450 s.f. each.Gated access with beautiful new landscaping front yard .It is located at HPOZ Area,profile shows 7br+5 ba,but actually 10br +6ba,buyer and buyer's agent to do their own investigation for everything including building's permit,seller doesn't know about it,no repairs and no credit for fixing.Very well maintain building with 4 car garage and 3 extra parking spaces ,total of 7 parking spaces.Building doesn't require earthquake soft retro fitting.Very strong income $9235 per month,very easy to handle for 5 units.The property to be sold "AS IS " condition.

Listing description from the March 2018 sale, as reported to CRMLS.

Sale history

$1,529,000

Sold March 2018 · listed $1,539,000, orig. $1,589,000, on market July 2017 · MLS #17256274 · Source: CRMLS

Listing Agent: Eunjoo Beak · Listing Office: SK Realty and Investment, Inc · Contact: 213-738-8949 · Bought with: Subscriber Non · Non-Participant Office

$1,133,000

Sold April 2015 · on market January 2015 · MLS #315000349 · Source: CRMLS

Listing Agent: Charlie Suh · Listing Office: Re/Max Tri-City Realty · Contact: 818-790-9700 · Bought with: PFNon-Member Default · PF NON Member

Explore Los Angeles