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$1,419,000

Beds
6
sq ft
4,614

1400 S Westmoreland Ave, Los Angeles, CA 90006

1400 S Westmoreland Ave

Los Angeles, CA 90006

  • 26 days on market
5-unit income property one bed+ one bath Excellent Well Maintained Two separate buildings are located in Mid-Wilshire. High-demand rental area. 4 Units Building on Front and Back Building detached separated units a large 2bed+1bath unit is built on the backside, One Bedroom/One Bathroom Units averaging over 900 SF each. Back Building 1 unit Detached Single Residence), as per tenants pay their Gas electricity that is individually metered. On-site parking is available with four garages. The total parking space can be eight cars. Westmoreland has many upgrades that will reduce the cost of ownership, including updated electrical, the majority of new copper plumbing, new drain lines, and new property to be sold in as-is condition. The post office is right on the corner of the street, near Eats, USC, K-Town, DTLA, and entertainment centers. This is a value-added opportunity to own. Please Call La for moa Info. Please verify square footage, permits, or information obtained from public records. Buyers must do their due diligence regarding, including but not limited to, use, permit, improvements, square footage, zoning, and school districts. The property is at 1400-1402 1/2 S. Westmoreland Ave and 1401 S Orchard Ave in Los Angeles. PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY ON PROPERTY, SUBJECT TO INTERIOR INSPECTION AFTER OFFER ACCEPTANCE

Details

Property type

Est. home value

$1,498,874

Lot size

6,766 sq ft

Price per sq ft

$308

Year built

1995

HOA

No

Price History

03/04/2025
CLAW

CLAW #25507373

Listed
$1,419,000
-3.4%
12/05/2024
CLAW

CLAW #24447939

Removed
$1,469,000
10/01/2024
CLAW

CLAW #24447939

Listed
$1,469,000

Schools & Community

Neighborhood: 

Harvard Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Doo Youn Hwang Etux

Loan start date

December 2022

Original loan amount

$20,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Commercial

Seller

G & C Future Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 7:40 AM

Listing updated: 03/12/2025 at 5:35 AM

Listed by: Henry Han, HBAR Phone #: (213) 785-4989

MLS: CLAW #25507373

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