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$ 6,100,000
$ 6,995,000 12.8%
Est. payment /mo
Sold on 12/30/2024
10965 Rochester AVE Los Angeles, CA 90024
15 Beds
18 Baths
13,755 SqFt
UPDATED:
Key Details
Sold Price $6,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 13,755 sqft
Price per Sqft $443
MLS Listing ID 24448141
Sold Date 12/30/24
Bedrooms 15
HOA Y/N No
Year Built 1971
Lot Size 7,649 Sqft
Property Description
Prime Westwood rarely traded 18-unit trophy apartment building offered for sale for the 1st time in over 40 years. Property is located 3 blocks south of Wilshire Blvd and just west of Westwood Blvd. Well maintained asset with 13 out of 18 units renovated and 4 units to be delivered vacant at closing. Good unit mix of 15 spacious 1 bedroom units and 3 studios. Property features underground gated parking with 18 spots, elevator, formal lobby, controlled intercom access, trash chute on each floor and a laundry room with machines owned by the Seller. Priced at only $388,611/unit, $508/S.F., 4% CAP and 15.08 GRM with current rents. Priced at 11.9 GRM and 5.6% CAP with rents at market (buyer to confirm).
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Zoning LAR4
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Parking Features Controlled Entrance, Community Structure
Total Parking Spaces 18
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 4324006016
Security Features Security Gate
Special Listing Condition Standard
Listed by Ramin Gheitanchi • Keller Williams Beverly Hills
Bought with Ramin Gheitanchi • Keller Williams Beverly Hills
Bought with Ramin Gheitanchi • Keller Williams Beverly Hills