5-unit income property one bed+ one bath Excellent Well Maintained Two separate buildings are located in Mid-Wilshire. High-demand rental area. 4 Units Building on Front and Back Building detached separated units a large 2bed+1bath unit is built on the backside, One Bedroom/One Bathroom Units averaging over 900 SF each. Back… Read More Building 1 unit Detached Single Residence), as per tenants pay their Gas electricity that is individually metered. On-site parking is available with four garages. The total parking space can be eight cars. Westmoreland has many upgrades that will reduce the cost of ownership, including updated electrical, the majority of new copper plumbing, new drain lines, and new property to be sold in as-is condition. The post office is right on the corner of the street, near Eats, USC, K-Town, DTLA, and entertainment centers. This is a value-added opportunity to own. Please Call La for moa Info. Please verify square footage, permits, or information obtained from public records. Buyers must do their due diligence regarding, including but not limited to, use, permit, improvements, square footage, zoning, and school districts. The property is at 1400-1402 1/2 S. Westmoreland Ave and 1401 S Orchard Ave in Los Angeles. PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY ON PROPERTY, SUBJECT TO INTERIOR INSPECTION AFTER OFFER ACCEPTANCE Read Less
Property listed by HBAR, Henry Han 213-785-4989
Listing Snapshot
Days Online
39
Last Updated
Property Type
Other
Beds
6
Square Ft.
4,614
Lot Size
0.16 Acres
Year Built
1995
MLS Number
25507373
30 Days Snapshot Of 90006
$733k
-10%
(avg) sold price
4
0%
homes sold
50
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1995, Building area total: 4,614, Levels: Two, Living area: 4614, 2 stories, 2 buildings
Cooling
None
Heating
WallFurnace
Income
Gross income: $9,332,400, Net operating income: $64,137
Lot
0.1553 acres, 6,766 square feet, Size: 6,766
Parking
8 totals parking, Driveway
Property
Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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