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548 N Westmoreland Avenue
USD 3,925,000
Property ID: 24364675
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548 N Westmoreland Avenue ,90004
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icon 7505 SqFt
icon Built in 1990
icon USD 523/SqFt
icon 20 Beds
icon 20 Full
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Location
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Interior Details
Bedrooms
20
Bathrooms
20
Interior Size
9744
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1990
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Detailed Introduction Of This Home
548 N Westmoreland Ave is a 9-unit apartment building situated between East Hollywood and Silver Lake. The property's large unit mix consists of seven 2+2's, one 3+2.5, and one 3+3. Four of the units have been extensively remodeled to include new paint, kitchens and bathrooms, laminate flooring, and air conditioning. All units are townhouse style with open concept layouts and exterior balconies. The building has had numerous upgrades including security camera installation, a rebuilt staircase, and new exterior paint. In addition, the property is not subject to LA City rent control (only subject to California State rent control), which allows for larger annual rent increases. Superbly located just steps away from the heart of the Virgil Village commercial corridor, 548 N Westmoreland Ave provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 88 walk score and is central to major employment, freeways, and points of interest alike. Tenants with children have numerous nearby parks and schools to choose from, including Bellevue Recreation Center and Dayton Heights Elementary. Public transit is also easily accessible at the Vermont/Beverly Metro station at 0.6 miles away. With 548 N Westmoreland, you can hedge against inflation, exploit tax advantages, and add more value (approximately 20% rental upside remains), all without the burden of LA City rent control!
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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548 N Westmoreland Avenue
USD 3,925,000 20 Beds
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