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434 S Westmoreland, Los Angeles
$4,890,000
WS26211777 MLS ⋅ Active Status
20 unit apartment building ideally situated in the highly desirable Koreatown/Wilshire Center area. Good unit mix of four 2 bedrooms/2 baths, fourteen 1 bedroom/1.5 baths, one 1 bedroom/1 bath and one studio. Units feature high ceilings, two story loft layout, private balconies, gated parking, and lots of natural light. Building has a 3 year old roof and 10+ units have new ACs. Separate meters for gas and electricity. This well-located asset offers investors the opportunity to own a substantial multifamily property in one of Los Angeles’ most established and sought-after urban rental markets. The property is near restaurants, shopping, entertainment, and convenient transportation options, providing residents with easy access to the best of central Los Angeles.

434 S Westmoreland, Los Angeles
701 Crenshaw, Los Angeles
$1,850,000
OC26180470 MLS ⋅ Active Status
701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized apartment offers a tremendous investment opportunity for a first time or experienced investor in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of large units that have been split into (4) 2/1 units and (4) studios plus a separate (1) studio owner’s unit above the garage. 7 out of the 9 current units have been lightly remodeled and can be delivered vacant at close of escrow, or kept as midterm rentals. There are 6 rear garage + 2 onsite parking spaces, and there is an opportunity to convert the garages into an ADU as an additional rental unit. Recent upgrades include updated 400amp electrical meters & panels. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the Metro lot with future development plans underway. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA. ACTUAL 9.4 GRM / 7.5% CAP RATE!

701 Crenshaw, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.