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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 6,995,000

Est. payment -/mo

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Active

10965 Rochester AVE Los Angeles, CA 90024

15 Beds

18 Baths

13,755 SqFt

UPDATED:

10/10/2024 01:37 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,755 sqft

Price per Sqft $508

MLS Listing ID 24448141

Bedrooms 15

HOA Y/N No

Year Built 1971

Lot Size 7,649 Sqft

Property Description

Prime Westwood rarely traded 18-unit trophy apartment building offered for sale for the 1st time in over 40 years. Property is located 3 blocks south of Wilshire Blvd and just west of Westwood Blvd. Well maintained asset with 13 out of 18 units renovated and 4 units to be delivered vacant at closing. Good unit mix of 15 spacious 1 bedroom units and 3 studios. Property features underground gated parking with 18 spots, elevator, formal lobby, controlled intercom access, trash chute on each floor and a laundry room with machines owned by the Seller. Priced at only $388,611/unit, $508/S.F., 4% CAP and 15.08 GRM with current rents. Priced at 11.9 GRM and 5.6% CAP with rents at market (buyer to confirm).

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning LAR4

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Electric

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Garage Controlled Entrance, Community Structure

Parking Type Controlled Entrance, Community Structure

Total Parking Spaces 18

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 4324006016

Security Features Security Gate

Special Listing Condition Standard

Listed by Ramin Gheitanchi • Keller Williams Beverly Hills

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

10965 Rochester AVE Los Angeles, CA 90024

Key Details

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Rooms

Interior

Exterior

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Others

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10965 Rochester AVE