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516 N Westmoreland Ave, Los Angeles, CA 90004
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516 N Westmoreland Ave Los Angeles, CA 90004

$2,600
  • 1 Beds
  • 1 Baths
  • 600 Sq.Ft.
For Lease
$2,600 Get Pre-Qualified
Map preview of 516 N Westmoreland Ave, Los Angeles, CA 90004

Property Overview: 516 N Westmoreland Ave Los Angeles, CA has 1 bedrooms, 1 bathrooms, 600 living square feet and 6,008 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: Discover this brand new 600 sq. ft. 1-bedroom, 1-bathroom detached ADU in the trendy Virgil Village neighborhood. Thoughtfully designed with a spacious, gallery-like feel, this unit features polished concrete floors, high ceilings, stainless steel appliances, and skylights that fill the space with natural light. Enjoy complimentary access to the community laundry room with a washer and dryer. Tucked at the rear of a charming 3-unit bungalow, this fantastic detached unit is an excellent live/work option. Street parking is available. Located in the heart of Virgil Village, you’re steps away from local favorites like The Virgil, Courage Bagels, Sqirl, Bonita, and Cafecito Organico. Plus, easy access to the 101 freeway and Los Angeles City College (LACC) adds convenience to this urban retreat. Don’t miss out on this spacious and stylish home!

Listed by Pablo Torres | BRE #01275057 | DLP Realty Sales & Loans
Last checked: 14 minutes ago | Last updated: September 20th, 2024 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
6,008
HOA Dues
$0/mo
Year built
2024
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
DW24195738
City
Los Angeles
County
Los Angeles
Time on Site
5 hours

Open Houses for 516 N Westmoreland Ave

No upcoming open houses

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Property Details for 516 N Westmoreland Ave

Interior Features
Cooling Information
  • Has Cooling
  • Zoned
Heating Information
  • Has Heating
  • Ductless, High Efficiency, Zoned
Laundry Information
  • Has Laundry
  • Community, Dryer Included, Outside, See Remarks, Washer Included
Fireplace Information
  • Has Fireplace
  • Bath, Kitchen, Primary Bedroom
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Area
  • Flooring: Concrete
  • Kitchen, Laundry, Living Room, Primary Bedroom, See Remarks, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Range Hood, Refrigerator, Vented Exhaust Fan
  • Kitchen Open to Family Room, Quartz Counters
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Unfurnished
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None, Street
Lot Information
  • Lot Features: 0-1 Unit/Acre, Walkstreet
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5539030015
  • Year Built Source: Builder
  • Architectural Style: Modern
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: 36 Inch Or More Wide Halls, No Interior Steps
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: See Remarks
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: East of Virgil / South of Melrose
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 516 N Westmoreland Ave

Last sold for $998,000 on October 8th, 2021

  • September, 2024

  • Sep 19, 2024

    Date

    Active

    CRMLS: DW24195738

    $2,600

    Price

  • August, 2021

  • Aug 2, 2021

    Date

    Pending

    CRMLS: 21757684

    $995,000

    Price

  • Jul 24, 2021

    Date

    Active

    CRMLS: 21757684

    $995,000

    Price

  • Jul 20, 2021

    Date

    Active Under Contract

    CRMLS: 21757684

    $995,000

    Price

  • Jul 9, 2021

    Date

    Active

    CRMLS: 21757684

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    Mid century 5 units. Building consists of 1 ( 3 bed+ 2 bath) and 4 (1 bed+ 1bath). Located 1 block W of Virgil and 2 blocks south of Melrose. Rent are very low. All units are occupied. Property is zoned LAR3 with a TOC Tier 3 designation with the City of Los Angeles. Located in an 'Opportunity Zone'. Covered parking for 4 cars. Lot is approx. 40 X 150. Property is under City of Los Angeles rent control. Please do not disturb occupants.

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Tax History for 516 N Westmoreland Ave

Assessed Value (2020): $102,116
Year Land Value Improved Value Assessed Value
2020 $30,903 $71,213 $102,116

Home Value Compared to the Market

This property vs the competition

516 N Westmoreland Ave is currently listed for lease in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment.

About 516 N Westmoreland Ave

Detailed summary of property

516 N Westmoreland Ave is a single family home for lease located in Los Angeles, CA 90004. This house offers 1 bedrooms, 1 bathrooms, roughly 600 living square feet, and sits on an approximately 6,008 square foot lot. 516 N Westmoreland Ave was first listed on ArdentRealEstateGroup.com on September 20, 2024. The homeowner is currently asking $2,600. Local homes that are currently for sale include 957 Manzanita St, 140 S Vendome St and 743 N Alexandria Ave. While the average home in Los Angeles, CA is selling in 106 days, 516 N Westmoreland Ave has a days on market of 1 day. 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 lease at 516 N Westmoreland Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 516 N Westmoreland Ave

Public county record property details
Beds
7
Baths
6
Year built
1958
Sq. Ft.
2,872
Lot Size
6,007
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17,18
APN
5539-030-015

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
79
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

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(714) 706-1823

Homes for Sale Near 516 N Westmoreland Ave

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Homes for Lease Near 516 N Westmoreland Ave

Nearby Homes for Lease

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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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