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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
Contact Yohann about
1038 N Crescent Heights Blvd!
310.923.1550 | yohann@ikonadvisors.com
