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200-208 S Westmoreland Ave 2 Unit Apartment Building Offered at $3,988,000 Los Angeles, CA 90004
INVESTMENT HIGHLIGHTS
- Two adjacent parcels for larger development possibilities
- Prime location
- Strong appreciation potential ideal for multi-family development or value add investors
EXECUTIVE SUMMARY
We are pleased to present this exclusive offering memorandum for a premier two parcels being sold together, strategically located in the heart of Koreatown. This property represents a unique investment opportunity, combining prime development potential with Tier 3 TOC incentives. They are two adjacent parcels that is ideal for a new multifamily development or value add investors that will generate stable, long-term income.
PROPERTY FACTS
| Price | $3,988,000 | Building Size | 4,661 SF |
| Price Per Unit | $1,994,000 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1922 |
| No. Units | 2 | Opportunity Zone |
Yes
|
| Property Type | Multifamily | ||
| Zoning | LAR3 - LAR3 Tier 3 TOC | ||
| Price | $3,988,000 |
| Price Per Unit | $1,994,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 4,661 SF |
| No. Stories | 2 |
| Year Built | 1922 |
| Opportunity Zone |
Yes |
| Zoning | LAR3 - LAR3 Tier 3 TOC |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+3 | 1 | - | 2,660 |
| 4+2 | 1 | - | 1,951 |
1 1
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (76)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Mi Jeong Kim
200-208 S Westmoreland Ave
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