Welcome to a spectacular multi family investment opportunity conveniently located near the 10 freeway with easy access to Downtown Los Angeles. This 2022 construction that consists of five townhome style units, will be delivered with four units occupied and one vacant unit with plenty of rental upside. Once fully occupied, this property will provide $20,810 per month in rent and an unheard of 5.8% CAP RATE. The front two duplexes consist of 4 four bedroom townhome style apartments that each have spacious floor plans, balconies, and stainless steel appliances. The rear most building is a stand alone four bedroom SFD that provides increased privacy. All five units come with on site tandem parking! This building is a great opportunity to step into immediate consistent income and simple, low effort management!
This property is $2.2M more than the Median Sold Price and $233/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: #24450567
Listing Office:
Office Name: On Track Property
Office Phone: (310) 997-0311
Listing Agent: Isaac Davidi
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: 11/17/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 30, 2019
Dec 30, 2019Home Sold
$825,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,158
$833,546
2020
$793
$825,000
2019
$669
$43,901
2018
$658
$43,042
2017
$658
$42,199
History based on county public records data.
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NMLS#3030
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
4
/10
Magnolia Avenue Elementary School
1626 Orchard Ave
Distance between this listing and this school0.15 miles
Public District Grades PK-5
2
/10
Politi Elementary School
2481 W 11th St
Distance between this listing and this school0.43 miles
Public District Grades KG-5
6
/10
Equitas Academy Charter
1700 W Pico Blvd
Distance between this listing and this school0.63 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school0.38 miles
Public District Grades 6-8
2
/10
Monsenor Oscar Romero Charter Middle School
2670 W 11th St
Distance between this listing and this school0.44 miles
Public Charter Grades 6-8
4
/10
Camino Nuevo Elementary #3
1723 Cordova St
Distance between this listing and this school0.54 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
West Adams Preparatory High School
1500 W Washington Blvd
Distance between this listing and this school0.39 miles
Public District Grades 9-12
6
/10
University Preparatory Value High School
1929 W Pico Blvd
Distance between this listing and this school0.51 miles
Public Charter Grades 9-12
6
/10
Alliance Gertz-Ressler Richard Merkin 6-12 Complex
2023 S Union Ave
Distance between this listing and this school0.71 miles
The neighbors living near this home have an average income of $27,708. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1433 S Westmoreland Ave
What is the listing price of this property?
The listing price of 1433 S Westmoreland Ave property is $3,295,000.
What type of property is this?
The property 1433 S Westmoreland Ave is a house located in Los Angeles, California, 90006.
Is this property for sale now?
Active Listing: 1433 S Westmoreland 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 $10,158 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 30, 2019 for $825,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1433 S Westmoreland Ave has 20 bedrooms and 20 bathrooms.
What is the square footage of this property?
The property 1433 S Westmoreland Ave is 8,080 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1433 S Westmoreland Ave is 2022.
Interested in 1433 S Westmoreland Ave? Let's connect.
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This home is located at 1433 S Westmoreland Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 8,080 square foot home, which was built in 2022, sits on a 0.17 acre lot. Features: 20 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $3,295,000.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. 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.
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. 
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