Active
548 N Westmoreland Ave
Los Angeles CA, 90004
$3,925,000
$402.81 per sqft
Active
20 Beds
9,744 sqft
Residential
Built in 1990
548 N Westmoreland Ave is a 9-unit apartment building situated between East Hollywood and Silver Lake. The property's large unit mix consists of seven 2+2's, one 3+2.5, and one 3+3. Four of the units have been extensively remodeled to include new paint, kitchens and bathrooms, laminate flooring, and air conditioning. All units are townhouse style with open concept layouts and exterior balconies. The building has had numerous upgrades including security camera installation, a rebuilt staircase, and new exterior paint. In addition, the property is not subject to LA City rent control (only subject to California State rent control), which allows for larger annual rent increases. Superbly located just steps away from the heart of the Virgil Village commercial corridor, 548 N Westmoreland Ave provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 88 walk score and is central to major employment, freeways, and points of interest alike. Tenants with children have numerous nearby parks and schools to choose from, including Bellevue Recreation Center and Dayton Heights Elementary. Public transit is also easily accessible at the Vermont/Beverly Metro station at 0.6 miles away. With 548 N Westmoreland, you can hedge against inflation, exploit tax advantages, and add more value (approximately 20% rental upside remains), all without the burden of LA City rent control!
24-364675
MLSⓇ ID
March 4, 2024
Listed
April 5, 2024
Updated
Map
548 N Westmoreland Ave
Los Angeles CA, 90004
Interior Features
Total Stories
2
Bedrooms
20
Appliances
Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range/Oven
Laundry Description
Community, Room
Floor Description
Laminate, Tile
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.17 Acres
Roof
Composition, Spanish Tile
Sewer
In Street
Other Property Details
Area Name
Silver Lake - Echo Park
Days on Market
8
Garage
Yes
Garage Spaces
18
Parking
Assigned, Gated, Subterranean
Parking Total
18
View
Yes
View Description
City, City Lights
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR3
Listed by Jordan Peikin with Jordan Peikin
Listing Contact: 310-467-5167
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Cari Field Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/5/2024