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listing
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Residential IncomeFor Sale
$6,995,000
10965 Rochester Avenue
Los Angeles, CA 90024
Listed by Ramin Gheitanchi DRE#01501715 [email protected] Keller Williams Beverly Hills
MLS: California Regional MLS (CRMLS)
15Beds
18Baths
13,755Sq Ft
Est. Mortgage
$36,207/mo

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).

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Information courtesy of Keller Williams Beverly Hills is subject to verification and is not guaranteed.
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