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155 S Westmoreland Ave
Los Angeles, CA 90004

$1,895,000 USD

Apartments For Sale  •  3,744 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,744 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1937
  • Cap Rate 4.00 %
  • Zoning R3, Los Angeles
72 Transit Score
91 Walk Score

Highlights

Turnkey generational asset in the heart of Los Angeles
Two separate structures with privacy hedges and sliding front gate
Meticulously maintained property with recently updated systems

Property Flyers

Financial Summary (Actual)

Net Operating Income: $75,227 USD (2023)
Cap Rate: 4.00 %
Total Expenses: $44,541 USD

Amenities

  • Washer/Dryer Hookup
  • Gated
  • Hardwood Floors

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 7 min - 3.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 4.0 mi
Transit/SubwayDriveWalkDistance
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 9 min 0.5 mi
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 20 min 1.1 mi
AirportDriveWalkDistance
Bob Hope 20 min - 12.0 mi
Los Angeles International 26 min - 15.0 mi
Long Beach (Daugherty Field) 34 min - 24.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Malcolm Zeger 310-982-7055 Buckingham Investments
Malcolm Zeger 310-982-7055 Buckingham Investments