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For Sale:$1,969,000
Monthly Payment:
Principal & Interest:
HOA Dues:
(Based on a 30 year fixed loan at 3.38% with $393,800 down)
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140 S Westmoreland Ave

Los Angeles, CA 90004

Mid-Wilshire Los Angeles Unified School District
9bed 4,191sq ft $470 / sq ft MFR
Lot Size7,916sq ft Built1982 On site32days
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students, students per teacher
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Call for offers: thursday 10/6/2016 @5pm. The westmoreland apartments is a rare non-rent control, seven unit asset, located in one of the most central and desirable rental pockets in los angeles. All units are separately metered for gas & electricity, and all units have their own water heaters, keeping landlord expenses extremely low. The property features secure, gated entry, on-site laundry facilities, a community garden & 15 parking spaces, including two garages. The property presents the astute investor with a non-rent controlled asset; the ability to achieve market rents & operate with extremely low expenses & favorable financing, creating a solid income stream in a central & high-demand rental pocket, well positioned for accelerated appreciation. The property is situated on a 7,916 sf r3 lot, providing future development potential. Some expenses are estimates. Records provided upon accepted offer. 5.95% cap rate & 12.86 grm based on market rents.
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Last Checked For Updates: 9 minutes We update property info including price, photos, sale status and more as soon as it’s available. ago Status: Active Views: 35
MLS #16165668 , Listed on 09/26/16 by ELIJAH KOROBKIN, License# 01897085, ELIJAH KOROBKIN
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MLS Listing Information for 140 S Westmoreland Ave

Exterior Features


  • 15 Parking Spaces
  • 2 Covered Spaces
  • Controlled Entrance

Lot Size

  • 7,916 Sq. Ft.

# of Units

  • 5 or more

Additional Information


  • Los Angeles

Listing Broker



  • 0

Listing Agent

  • License# 01897085 (Lic. #01897085)


  • LAR3

Originating MLS

  • The Combined Los Angeles/Westside Multiple Listing Service
  • Inc.

Price History for 140 S Westmoreland Ave

Date Event Price Source
09/26/16 New Listing $1,969,000 CARETS
08/29/14 Sale $930,000 Public Records

Schools Information for 140 S Westmoreland Ave

From Public Records
School District: Score      
Los Angeles Unified School District

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Public Record Information for 140 S Westmoreland Ave

Beds 9
Full Baths 7
Partial Baths 0
Property Type Apartment house (5+ units)
Sq. Ft. 4191
Lot Size 7916
Year Built 1982
FIPS 06037
APN 5501016010
Source Public Records

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Monthly Payment**:
Principal & Interest:
HOA Dues: $0

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This 9 bedroom Multi-Family home for sale in Los Angeles, CA is currently listed for $1,969,000. Featuring a lot size of 7,916 Sq. Ft., 140 S Westmoreland Ave was built in 1982 and has been on ERA.com for 32 days.

This listing is provided courtesy of ELIJAH KOROBKIN. Interested in viewing more homes for sale near 140 S Westmoreland Ave Los Angeles, CA 90004? You can search all Los Angeles MLS listings, find a real estate agent, get a home value estimate and more on ERA.com.
Local real estate services provided by:
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Nelson Shelton Real Estate ERA Powered
355 North Canon Drive
Beverly Hills, CA 90210
Richard D Nelson, CAL BRE 01035341
Website provided and owned by Nelson Shelton Real Estate ERA Powered.
140 S Westmoreland Ave Los Angeles, CA 90004 $1,969,000
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Based on information from CARETS as of Thursday, October 27, 2016 at 1:31 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX provided by ZapLabs.