Prime Westwood rarely traded 18-unit trophy apartment building offered for sale for the 1st time in over 40 years. Property is located 3 blocks south of Wilshire Blvd and just west of Westwood Blvd. Well maintained asset with 13 out of 18 units renovated and 4 units to be delivered vacant at closing. Good unit mix of 15 spacious 1 bedroom units and 3 studios. Property features underground gated parking with 18 spots, elevator, formal lobby, controlled intercom access, trash chute on each floor and a laundry room with machines owned by the Seller. Priced at only $388,611/unit, $508/S.F., 4% CAP and 15.08 GRM with current rents. Priced at 11.9 GRM and 5.6% CAP with rents at market (buyer to confirm).
Property Details
Property Features
Property Information:
Year Built: 1971
Stories: 3
Living Area: 13,755 SqFt
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Listing Agent: Ramin Gheitanchi
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 15
Exterior Features
Parking Information:
Parking: Controlled Entrance, Community Structure
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: Prime Westwood location. South of Wilshire Blvd, East of Veteran Ave., West of Westwood Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $6,995,000
Price Per SqFt: $509/SqFt
Tax Information:
Annual Amount: $23,037
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $5.9M more than the Median Sold Price and $132/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24448141
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Listing Agent: Ramin Gheitanchi
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$23,037
$1,815,345
2020
$22,377
$1,791,655
2019
$22,252
$1,756,526
2018
$21,753
$1,722,085
2017
$21,753
$1,688,320
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Fairburn Avenue Elementary School
1403 Fairburn Ave
Distance between this listing and this school0.81 miles
Public District Grades KG-5
6
/10
Nora Sterry Elementary School
1730 Corinth Ave
Distance between this listing and this school0.82 miles
Public District Grades KG-5
9
/10
Westwood Charter Elementary School
2050 Selby Ave
Distance between this listing and this school1.03 miles
Public Charter Grades KG-5
Nearby Schools
6
/10
Emerson Community Charter
1650 Selby Ave
Distance between this listing and this school0.52 miles
Public Charter Grades 6-8
7
/10
Citizens of the World Charter School Mar Vista
11561 Gateway Blvd
Distance between this listing and this school1.65 miles
Public Charter Grades KG-7
3
/10
Daniel Webster Middle School
11330 Graham Pl
Distance between this listing and this school1.89 miles
Public District Grades 6-8
Nearby Schools
6
/10
University High School Charter
11800 Texas Ave
Distance between this listing and this school1.17 miles
Public Charter Grades 9-12
7
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school1.52 miles
Public Charter Grades 6-12
6
/10
Magnolia Science Academy 4
11330 Graham Pl # B-9
Distance between this listing and this school1.88 miles
The neighbors living near this home have an average income of $62,950. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 10965 Rochester Ave
What is the listing price of this property?
The listing price of 10965 Rochester Ave property is $6,995,000.
What type of property is this?
The property 10965 Rochester Ave is a house located in Los Angeles, California, 90024.
Is this property for sale now?
Active Listing: 10965 Rochester Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $23,037 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 10965 Rochester Ave has 15 bedrooms and 18 bathrooms.
What is the square footage of this property?
The property 10965 Rochester Ave is 13,755 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 10965 Rochester Ave is 1971.
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This home is located at 10965 Rochester Ave in Los Angeles, CA and zip code 90024 in the Westwood neighborhood. This 13,755 square foot home, which was built in 1971, sits on a 0.18 acre lot. Features: 15 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $6,995,000.
Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.