144 S Westmoreland Flyer.pdf

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For Sale: 7 Units in Korea Town 144 S. Westmoreland Ave., Los Angeles, CA 90004

For more information please contact:

Overview Sale Price

$945,000

CAP Rate

5.04%

Price/Unit

$135,000

Lot Size

7,916 SF

Price/SF

$ 225.48

Leasable Area

4,191 SF

Property Features

Mariela K. Iamburg Senior Associate BRE: 01916844 D: 213.802.0313 M: 818.518.6582 [email protected]

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Two story, 7 unit apartment building Built in 1982 (No Rent Control) Three 1 bed + 1 bath, Four 2 bed + 2 bath Secured, gated entry to premises 100% occupied with potential for increasing rents to market rates

Location Features Rosano Partners Los Angeles Office 700 S. Flower St, Ste. 2920 Los Angeles, CA 90017 T: 213.802.0300 www.RosanoPartners.com

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Located in Korea Town Near the corner of S Westmoreland Ave and W 1st St. It is conveniently located near the 101 Freeway Easy access from Silver Lake Blvd and only minutes from downtown.

©2013, Rosano Partners. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

For Sale: 7 Units in North Mid City 144 S. Westmoreland Ave., Los Angeles, CA 90004

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Mariela K. Iamburg Senior Associate BRE: 01916844 D: 213.802.0313 M: 818.518.6582 [email protected]

Rosano Partners Los Angeles Office 700 S. Flower St, Ste. 2920 Los Angeles, CA 90017 T: 213.802.0300 www.RosanoPartners.com

©2013, Rosano Partners. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.