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1517 S Westmoreland AvenueLos Angeles, CA 90006

For Sale

$2,200,000

Smart Buyer Rebate $22,000

Incredible Multifamily opportunity in a High Demand Mid Los Angeles neighborhood featuring 9 very well-maintained units. Owner's unit consist of 3 bedrooms and 2 full baths with a Master walk-in closet and inside laundry area. This property sits on a large almost double lot with 13,358 square feet that will be strong for any future development or large apartment complex build out. The property consists of 5 separate buildings with 1)3 bedroom and 2 bath owners' unit, 6)2 bedroom and 1 bath, and 2)1 bedroom and 1 bath units. Owner's unit will be delivered vacant along with 2) 2-bedroom units. Located just minutes from downtown Los Angeles, USC, and all major transit corridors including the 10,110,5 Freeways. Don't miss this incredible opportunity to acquire a Multifamily property offering immediate cash flow and long-term upside in a well-established market.

Listed by Alfredo Gonzalez

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License #01205323

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LoanRate

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562-682-8282

Last updated September 29, 2025

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Source: CRMLS #PW25194790

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico Union
  • Days on Prevu83

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$2,200,000
10/22/2025
Status changed to Removed from Feed
$2,200,000
10/18/2025
Status changed to Active
$2,200,000
10/17/2025
Status changed to Removed from Feed
$2,200,000
09/21/2025
Status changed to Active
$2,200,000
09/20/2025
Status changed to Removed from Feed
$2,200,000
09/10/2025
Status changed to Active
$2,200,000
09/09/2025
Status changed to Removed from Feed
$2,200,000
09/08/2025
Status changed to Active
$2,200,000
09/06/2025
Status changed to Removed from Feed
$2,200,000
09/05/2025
Status changed to Active
$2,200,000
09/04/2025
Status changed to Removed from Feed
$2,200,000
08/28/2025
Listed by LoanRate
$2,200,000

Property Details for 1517 S Westmoreland Avenue

Association

Amenities

  • Community Features: Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 9
  • Property Attached: Yes
  • Property Condition: Turnkey
  • Roof: Composition
  • Stories: 1
  • Stories Total: 2
  • Year Built: 1921
  • Architectural Style: Craftsman
  • Common Walls: 1 Common Wall
  • Construction Materials: Stucco, Wood Siding
  • Entry Level: 1
  • Entry Location: Front

Features

  • Fencing: Wrought Iron
  • Road Frontage Type: City Street
  • View: City Lights

Measurements

  • Building Area Total: 6,199
  • Building Area Units: Square Feet
  • Lot Features: 6-10 Units/Acre
  • Lot Size Acres: 0.30
  • Lot Size Area: 13,358
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 13,358
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.88
  • Gross Income: $193,608.00
  • Operating Expense: $42,194.00

Taxes

  • Parcel Number: 5056002017

Interior

Features

  • Flooring: Tile, Vinyl

Other

Location

  • Tax Block: B
  • Tax Lot: 19

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking Spaces: 6
  • Parking Features: Concrete, Door-Single, Driveway, Garage, Gated
  • Parking Total: 7

Utilities

Equipment

  • Electric: Standard
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.