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1038 N Crescent Heights Blvd

LOS ANGELES, 90046
5-Unit Multifamily Income Property in West Hollywood

16
BEDS
16.5
BATHS
$3,695,000
PRICE
7,778 SF LAR4-1
LOT
7,265 SF
PROPERTY

FINANCIALS

SALES PRICE

PRICE PER SF

CAP RATE

GRM

GROSS RENTAL INCOME

$3,895,000

$232.36

5.02%

13.27

$272,400

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.

 

INTERIOR

YEAR BUILT

FLOORING

APPLIANCES




OTHER INTERIOR
FEATURES

2022

Laminate Wood Floors

Washer/Dryer, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven
Washer, Refrigerator


Attached Balconies, High Ceilings

EXTERIOR

STORIES

YARD

AIR CONDITIONING

PARKING


 

3

Manicured landscaping

Central Air & Heat


8 Car Garage, Onsite, Private

The Neighborhood:
WEST HOLLYWOOD

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Contact Yohann about 
1038 N Crescent Heights Blvd!

310.923.1550 | yohann@ikonadvisors.com

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Yohann Bensimon | CALDRE #01966630

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