#TR24195496, Nancy Liu, Listing Office: ReMax 2000 Realty
$10,000
closing credit¹
155 S Westmoreland Ave Los Angeles, CA 90004
Property details
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.
Highlights
Summary
- MLS Number: SB24060714
- MLS Name: CRMLS
- Office Name: Buckingham Investments, Inc
- Office Phone: (626) 483-7983
- Listing Agent: Malcolm Zeger
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.
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Last updated on: 2/1/2025, 10:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,895,000
155 S Westmoreland Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 31, 2016 | Home Sold | $1,380,000 |
Jul 17, 2006 | Home Sold | $839,000 |
Oct 28, 2005 | Home Sold | $600,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,570,198 | $19,355 |
2023 | $1,539,411 | $18,985 |
2022 | $1,509,227 | $18,108 |
2021 | $1,479,636 | $17,875 |
2020 | $1,464,465 | $17,342 |
2019 | $1,435,751 | $17,277 |
2018 | $1,407,600 | $16,905 |
2017 | $1,380,000 | $16,905 |
History based on county public records data.
Nearby schools
6
Commonwealth Avenue Elementary School
Public District 1-5
0.1 mi
•215 S Commonwealth Ave
6
Dr. Sammy Lee Medical and Health Science Magnet
Public Magnet KG-5
0.2 mi
•3600 Council St
6
Frank Del Olmo Elementary School
Public District KG-5
0.3 mi
•100 N New Hampshire Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
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. The majority of families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 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. Features: 0 bathroom. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $1,895,000.
In December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. The number of listings in Los Angeles, CA decreased by 5.3% between November and December 2024. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.