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Key Details
Sold Price $7,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 20,445 sqft
Price per Sqft $357
MLS Listing ID 21757514
Sold Date 03/02/22
HOA Y/N No
Year Built 1964
Lot Size 10,698 Sqft
Acres 0.2456
Property Description
932 S Westmoreland Ave is a 32-unit, 3-story, value-add apartment building located in the highly desirable Mid-Wilshire submarket of Los Angeles. Constructed in 1964, the building has a unit mix of 12 bachelor, 5 single, 12 (1+1), and 3 (2+2) units averaging approx. 639 sqft, and 15 of the units (47%) have been upgraded over the years. The 20,445 sqft structure sits on a 10,700 sqft, LAR4-1 zoned lot. The roof was replaced in 2020, a new elevator was installed in 2019, new windows (building-wide) in 2018, and the parking garage features a new gate motor. The main entry, lobby, hallways, and common area lounge feature updated lighting. The rear yard common area includes a patio and elevated deck furnished with tables and chairs. The security system consists of 16 cameras and 4 Ring cameras placed throughout the property. Secured garage parking holds 27 spaces. The building is separately metered for electric, master metered for gas + contains a new master boiler.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4-1
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Fireplace No
Exterior
Garage Assigned, Garage, Gated
Garage Spaces 27.0
Garage Description 27.0
Pool None
Community Features Gated
Parking Type Assigned, Garage, Gated
Total Parking Spaces 27
Private Pool No
Building
Faces West
Story 3
New Construction No
Others
Senior Community No
Tax ID 5076003001
Security Features Gated Community
Special Listing Condition Standard
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Bought with Pooya Dayanim • Pooya Dayanim