119 S Westmoreland Avenue
Los Angeles, CA 90004

** Each 4 plex is $1,425,000 - combined price for the 8 units is $2,850,000 ** This is part of a two building portfolio totaling 8 units to be sold together ** ( 2) Four plex's** Sold with 115 Westmoreland** Beautiful Los Angeles Art Deco Apartment building spanning two lots. Gated with ample parking and a generous inviting courtyard.The property is very well maintained and consists of two 4 units buildings. All units have large 2 bedrooms and one car parking in the rear. 4 of the 8 units have undergone condo quality renovations with new flooring , floor to ceiling tiling , new windows, modern kitchens and baths, stone counters , stainless steel appliances , dual vanities ,recessed lighting , new moldings and doors, as well as spilt AC systems. The area is extremely central and close to the Vermont and Beverly Metro station. The rents have significant upside and March 1, 2024 will call for a 4 % increase in rents. The rear parking area has room to add two ADU's for more future income. There is an on -site laundry room and storage bins in the rear. Very Easy to manage.