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10965 Rochester Ave Los Angeles, CA 90024
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Key Details
Sold Price $6,100,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 13,755 sqft
Price per Sqft $443
MLS Listing ID 24-448141
Bedrooms 15
Year Built 1971
Lot Size 7,650 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 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
Others
Special Listing Condition Standard
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Bought with Keller Williams Beverly Hills