7 months on rocket

155 S Westmoreland Ave, Los Angeles, CA, 90004

$1,895,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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155 S Westmoreland Ave, Los Angeles$1,895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingShared Driveway, Side By Side, Uncovered
Year Built1937
ViewNone
MLS #SB24060714
Lot Size0.15 Acres
StatusActive

About 155 S Westmoreland Ave

Fully stabilized 4-unit!! Seller financing available with 50% down, 5.5% interest rate. Pride of ownership, turnkey, generational asset in a prime location of Rampart Village. There are two structures on the lot with a sliding entry gate, privacy hedges, and space for parking 8 cars. This meticulously maintained property with recently updated landscaping, electrical system, plumbing, sewer line, and roof repairs. Desirable unit mix of side-by-side 2 beds/1 bath units. All units to be delivered recently remodeled and at market rents. Located on a quiet, dead-end tree lined street in an excellent pocket of Los Angeles. Tons of period character throughout the property. Dense rental market with low vacancy and only 2 minutes from the freeway and 5 minutes to downtown LA. Great opportunity to buy a stabilized, generational asset in the heart of Los Angeles! Please drive by only, do not disturb tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1937
  • Stories: 2

Listing Office:

  • Office Name: Buckingham Investments, Inc
  • Office Phone: (626) 483-7983
  • Listing Agent: Malcolm Zeger

Interior Features

Interior Information:

  • Appliances: Dryer

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Shared Driveway, Side By Side, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: On West side of Westmoreland at the end of the dead-end street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,895,000

Tax Information:

  • Annual Amount: $17,876
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

155 S Westmoreland Ave vs Los Angeles

236 DAYS ON ROCKET

+198 Days

$1,895,000

+$871.5K More

KEY TAKEAWAY

This property is $871.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24060714

Listing Office:

  • Office Name: Buckingham Investments, Inc
  • Office Phone: (626) 483-7983
  • Listing Agent: Malcolm Zeger

IDX 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: 11/18/2024, 6:20:54 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

Aug 31, 2016Home Sold
$1,380,000
Jan 28, 2014Home Sold
$1,102,000
Jul 17, 2006Home Sold
$839,000
Oct 28, 2005Home Sold
$600,000

Tax History

YEARPROP. TAXASSESSMENT
2021$17,876$1,479,636
2020$17,342$1,464,465
2019$17,277$1,435,751
2018$16,906$1,407,600
2017$16,906$1,380,000

History based on county public records data.

Payment Calculator

$9,525

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,748

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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.

Nearby Schools

school-card-donut-805352
6
/10

  • Commonwealth Avenue Elementary School

  • 215 S Commonwealth Ave

  • 0.15 miles

  • Public District Grades 1-5

school-card-donut-805353
6
/10

  • Dr. Sammy Lee Medical and Health Science Magnet

  • 3600 Council St

  • 0.15 miles

  • Public Magnet Grades KG-5

school-card-donut-805354
6
/10

  • Frank Del Olmo Elementary School

  • 100 N New Hampshire Ave

  • 0.26 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,496. Residents of Los Angeles, CA typically earn less than $35k each year. Typical family type is 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 155 S Westmoreland Ave

What is the listing price of this property?

The listing price of 155 S Westmoreland Ave property is $1,895,000.

What type of property is this?

The property 155 S Westmoreland Ave is a condo located in Los Angeles, California, 90004.

Is this property for sale now?

Active Listing: 155 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 $17,876 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2016 for $1,380,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 155 S Westmoreland Ave is 1937.

Rocket Homes›California›Los Angeles County›Los Angeles›90004›155 S Westmoreland Ave

This home is located at 155 S Westmoreland Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This home, which was built in 1937, sits on a 0.15 acre lot. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $1,895,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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