10965 Rochester Ave, Los Angeles, CA 90024 – 24-448141

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$6,995,000

Est. payment - /mo

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15 BD

18 BA

13,755 SqFt

Pending

10965 Rochester Ave Los Angeles, CA 90024

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/05/2024 01:15 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 13,755 sqft

Price per Sqft $508

MLS Listing ID 24-448141

Bedrooms 15

Year Built 1971

Lot Size 7,650 Sqft

Acres 0.1756

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 Westwood - Century City

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Electric

Cooling Wall/Window

Equipment Elevator, Intercom

Laundry Community

Exterior

Parking Features Controlled Entrance, Community Garage

Garage Spaces 18.0

Roof Type Flat

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard

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Listed by Keller Williams Beverly Hills