714-213-4989
300 S Westmoreland Ave, Los Angeles, CA for Sale
Apartments - FOR SALE
1/27
null | Request Cap Rate

300 S Westmoreland Ave
Los Angeles, CA 90020
Koreatown


HIGHLIGHTS

  • Prime Location: Situated in the heart of Koreatown, Los Angeles, with easy access to the freeway.
  • Investment Opportunity: A 21-unit multifamily property built in 1994 and non-rent controlled.
  • Parking Amenities: Covered parking spaces with a gated garage that accommodates 30 cars, providing one or two spaces per unit.
  • Attractive Features: Includes 18 one-bedroom, one-bathroom units and 3 two-bedroom, two-bathroom units, plus laundry machines on each floor.

OVERVIEW

Prime location! This property, located in the heart of Koreatown, is a 21-unit multifamily property at 300 S. Westmoreland Blvd, Los Angeles, CA 90020. It presents an investment opportunity in the Koreatown neighborhood of Los Angeles with easy access to the freeway. The building was built in 1994 and is non-rent controlled. Each unit comes with a covered parking space and easy access to a gated parking garage that accommodates 30 cars, providing tenants with a ratio of one or two parking spaces per unit. The property features twenty-one well-designed units: 18 one-bedroom, one-bathroom units and 3 two-bedroom, two-bathroom units. Laundry machines are available on each floor. Within walking distance to many famous restaurants, supermarkets, pharmacies, shops, and schools, this property offers excellent potential for long-term income and appreciation.

FOR SALE DETAILS

PRICE

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# OF UNITS

21

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1994

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,950 SF

ZONING

LAR4

APN/PARCEL ID

5501-021-029

ASK ABOUT THIS PROPERTY

Alex JangNewStar Realty & InvestmentMore Info
714-213-4989

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Alex JangNewStar Realty & InvestmentMore Info
714-213-4989

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.