10965 Rochester AVE Active

Los Angeles,CA 90024

$ 6995000

15 Beds

18 Baths

13755 SqFt


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

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