1038 N Crescent Heights Blvd
LOS ANGELES, 90046
5-Unit Multifamily Income Property in West Hollywood
7,778 SF LAR4-1
PRICE PER SF
GROSS RENTAL INCOME
For a full financial breakdown, please browse the Offering Memorandum Package PDF by clicking below.
Ikon Advisors is pleased to present 1433 S Westmoreland Avenue, a newly built 5-unit townhouse complex in Pico Union. This high demand rental will provide proud investors with a 5.16% Cap Rate, with easy maintenance and little management needed. 1433 S Westmoreland features (2) 4 Bed/3.5 Bath, (2) 4 Bed/ 2.5 Bath, and (1) 4 Bed/ 4 Bath units with high ceilings, attached balconies, in-unit washer & dryer, stainless steal appliances, and attached tandem parking. In addition to the impressive return, investors will notice increased gentrification occurring at a quick pace in Pico Union as upscale multifamily developments are increasingly popping up, heightening the desirability of the neighborhood. The developer has kept in mind the needs and desires of today's renters and executed accordingly within these five units.