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1741 Westmoreland Blvd, Los Angeles, CA 90006
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1741 Westmoreland Blvd Los Angeles, CA 90006

$6,000,000
  • 48 Beds
  • 22 Baths
  • 20,006 Sq.Ft.
For Sale
$6,000,000 Get Pre-Qualified
Map preview of 1741 Westmoreland Blvd, Los Angeles, CA 90006

Property Overview: 1741 Westmoreland Blvd Los Angeles, CA has 48 bedrooms, 22 bathrooms, 20,006 living square feet and 18,535 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 1741 South Westmoreland is an exceptional investment opportunity in Los Angeles, California. It is located on a tree-lined street in the Harvard Heights Historic District. The property is situated North ofWashington Blvd, South of Venice Blvd, West of Normandie Ave, and East of Western Ave. It is convenientlynear places of worship, entertainment, shopping and all Los Angeles City attractions. This building is composed of twenty-two large apartment dwellings. The building offers a combination of twobedroom units, and three bedroom unitsThe building offers secure parking and laundry facilities. Laundry machines are owned and operated by thebuilding.Ten apartments will be delivered vacant at the close of escrow.

Listed by Eric Quiros | BRE #00846492 | Capital Brokers
Last checked: 7 minutes ago | Last updated: August 20th, 2024 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
18,535
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24420663
City
Los Angeles
County
Los Angeles
Time on Site
52 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 22
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 18
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.24
  • Gross Scheduled Income: --
  • Net Operating Income: $304,312
  • Gross Operating Income: $517,863
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1741 Westmoreland Blvd

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Property Details for 1741 Westmoreland Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split, Three Or More
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 22
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 22
  • Parcel Number: 5074016025
  • Year Built Source: Other
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: The property is situated North of Washington Blvd, South of Venice Blvd, West of Normandie Ave, and East of Western Ave
View more facts & features

Local Los Angeles Agent

Sale History for 1741 Westmoreland Blvd

Last sold on January 3rd, 2003

  • July, 2024

  • Jul 28, 2024

    Date

    Active

    CRMLS: 24420663

    $6,000,000

    Price

  • January, 2003

  • Jan 3, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1741 Westmoreland Blvd

Assessed Value (2020): $1,706,465
Year Land Value Improved Value Assessed Value
2020 $596,819 $1,109,646 $1,706,465

Home Value Compared to the Market

This property vs the competition

1741 Westmoreland Blvd is listed 400% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $299.91 per/sqft which puts the price per square foot 60.95% lower than the median price per square foot for the city of Los Angeles.

About 1741 Westmoreland Blvd

Detailed summary of property

1741 Westmoreland Blvd is a multi family located in Los Angeles, CA 90006 and is currently for sale. This multi family property offers 48 bedrooms, 22 bathrooms, roughly 20,006 living square feet, and sits on an approximately 18,535 square foot lot. 1741 Westmoreland Blvd was first listed on ArdentRealEstateGroup.com on July 29, 2024. The homeowner is currently asking $6,000,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 400% higher than the median priced home. Local competing homes currently for sale include 201 N Normandie Ave, 5871 S San Pedro St and 3018 W 67th St. While the average home in Los Angeles, CA is selling in 106 days, 1741 Westmoreland Blvd has a days on market of 50 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1741 Westmoreland Blvd Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1741 Westmoreland Blvd

Public county record property details
Beds
--
Baths
--
Year built
1922
Sq. Ft.
20,006
Lot Size
18,529
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
16-18
APN
5074-016-025

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$608
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$597
Total Inventory
33
Median Sale to List Price %
87.46%
Avg Days on Market
75
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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