10965 Rochester Avenue

Los Angeles, CA 90024

$6,995,000

List Price

15

bed Beds

18

shower Baths

13,755 sqft

straighten / sqft

1971

calendar_month Built

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).

Listing Information

List Price $6,995,000
Status Active
MLS 24448141
Type Residential Income
Year Built 1971
Lot Size 7,650
Structure Size 13,755
DOM 8
Courtesy Of Keller Williams Beverly Hills
Listing Agent Ramin Gheitanchi DRE#01501715

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 15
Total Bathroom
Bathrooms 18
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Ramin Gheitanchi, Keller Williams Beverly Hills . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 10th, 2024 at 1:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.