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$ 6,800,000
$ 7,150,000 4.9%
Est. payment | /mo
34 Beds
34 Baths
20,157 SqFt
$ 6,800,000
$ 7,150,000 4.9%
Est. payment | /mo
34 Beds
34 Baths
20,157 SqFt
Key Details
Sold Price $6,800,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 20,157 sqft
Price per Sqft $337
MLS Listing ID 26660277
Bedrooms 34
Year Built 1993
Lot Size 0.302 Acres
Property Description
The Altezza is a 16-unit garden-style multifamily asset in Westchester asking $7,150,000, 5.97% current cap rate. Units average 1,111 SF a 35%+ size premium over competing new construction with eight upper-level loft units featuring spiral staircases and vaulted ceilings to 20 feet. All units include quartz countertops, stainless steel appliances, wood laminate flooring, two gas fireplaces, central HVAC, and in-unit washer/dryers. Roof and boiler were replaced within last five years. Exterior unrenovated since 2012 acquisition and presents clear value-add opportunity to modernize. Minutes from LAX with direct I-405, I-105, and SR-90 access; proximate to Silicon Beach employers including Google, YouTube, and Snap Inc.
Location
State CA
County Los Angeles
Area C29 - Westchester
Zoning LAR3
Interior
Heating Forced Air
Building
Story 3
New Construction No
Others
Special Listing Condition Standard
Listed by Steffan Braunlich Berkadia #01859098
Bought with Mona Flaum Equity Union
Bought with Mona Flaum Equity Union
NEARBY SCHOOL & BUSINESS