300 S Westmoreland AVE Active

Los Angeles,CA 90020

$ 7900000

- Bed

- Bath

18800 SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 18,800 sqft

Price per Sqft $420

MLS Listing ID PW24220099

HOA Y/N No

Year Built 1994

Lot Size 7,897 Sqft

Property Description

PRIME LOCATION! THIS PROPERTY LOCATED AT EH HEART OF KOREATOWN, THE 21-UNIT MULTIFAMILY PROPERTY LOCATED AT 300 S. WESTMORELAND BLVD, LOS ANGELES. CA 90020 IS AN INVESTMENT OPPORTUNITY IN THE KOREATOWN NEIGHBORHOOD OF LOS ANGELES LOCATED AND EASY ACCESS TO FREEWAY. THE BUILDING IS BUILT IN 1994, THE PROPERTY IS NON-RENT CONTROLLED. UNIT COMES WITH COVERED PARKING SPACE AND EASY ACCESS TO GATED PARKING GARAGE CONTAINS SPACE FOR 30 CARS, FOR PROVIDING TENANTS A RATIO OF ONE OR TWO PARKING SPACE PER UNIT. THE PROPERTY FEATURES TWENTY ONE WELL-DESIGNED FOR ONE BEDROOM & ONE BATHROOM (18 UNITS) AND TWO BEDROOM & TWO BATHROOM (3 UNITS). THE LAUNDRY MACHINES ON EACH FLOOR. WALKING DISTANCE TO MANY FAMOUS RESTAURANTS, SUPERMARKETS, PHARMACY, SHOPS AND SCHOOL, THIS PROPERTY OFFERS EXCELLENT POTENTIAL FOR LONG-TERM INCOME AND APPRECIATION.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Rooms

Ensuite Laundry Common Area,Laundry Room

Interior

Laundry Location Common Area,Laundry Room

Heating Central

Cooling Central Air

Fireplace No

Laundry Common Area,Laundry Room

Exterior

Garage Assigned,Gated

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Parking Type Assigned,Gated

Total Parking Spaces 30

Private Pool No

Building

Lot Description 21-25 Units/Acre

Story 4

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5501021029

Acceptable Financing Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,Submit

Listing Terms Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,Submit

Special Listing Condition Standard

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