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1216 S Westmoreland Avenue, Los Angeles CA 90006
1216 S Westmoreland Avenue, Los Angeles CA 90006
1216 S Westmoreland Avenue, Los Angeles CA 90006
1216 S Westmoreland Avenue, Los Angeles CA 90006
1216 S Westmoreland Avenue, Los Angeles CA 90006
1216 S Westmoreland Avenue, Los Angeles CA 90006
1216 S Westmoreland Avenue, Los Angeles CA 90006
1216 S Westmoreland Avenue, Los Angeles CA 90006
California>Los Angeles>Pico Union

1216 S Westmoreland AvenueLos Angeles, CA 90006

For Sale

$2,990,000

Smart Buyer Rebate $29,900

Attention to all investors, the property consists of large 11,704 square foot zone LAR4 which gives a lot of development value in booming Koreatown. Located in Koreatown which is known for the fast developing opportunities and its close proximity to Downtown, Hollywood, Wilshire/Vermont Metro Subway Station, The Grove makes it easy for many attractions. Easily accessible by 10 Fwy 110Fwy. The existing 4plex structure consists of 7 bedroom, 5 bathroom and 4619 square foot living spaces built in 1936. 1 of the unit is currently occupied by a tenant, 1 unit occupied by owner and 2 units are VACANT. Active developer must acquire proper development plans, permit and evict current tenants. Buyer and Buyers agent are responsible for verifying the accuracy of all information and do their own due diligence and independently verify all information.

Listed by Sung Oh

·

License #01884497

·

Real Estate eBroker Inc.

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12132811597

Last updated December 04, 2024

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Source: CRMLS #24429195

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico Union
  • Bedrooms7
  • Days on Prevu386

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/17/2024
Status changed to Active
$2,990,000
09/17/2024
Status changed to Removed from Feed
$2,990,000
08/30/2024
Price Decreased
$2,990,000
08/17/2024
Listed by Real Estate eBroker Inc.
$3,200,000

Property Details for 1216 S Westmoreland Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 1
  • Stories Total: 2

Measurements

  • Lot Size Acres: 0.26
  • Lot Size Area: 11,704
  • Lot Size Source: Other
  • Lot Size Square Feet: 11,704
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5076018015

Interior

Features

  • Appliances: Disposal, Range
  • Flooring: Wood

Rooms

  • Bathrooms Total Integer: 5
  • Bedrooms Total: 7

Parking

Parking

  • Parking Total: 8

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.