548 N Westmoreland Avenue
Los Angeles, CA 90004
- – beds
- – baths
- – sqft
- 7,505 sqft lot
- 1990 build
- – on site
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!
Listed By CRMLS_CA / Jordan Peikin / Jordan Peikin
Last checked:
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Last updated Mar 12, 2024
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MLS# 24364675 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/4/24
Mar 4, 2024
|
Listed / Active | CRMLS_CA | $3,925,000 | 42.7% (13.3% / YR) |
12/17/20
Dec 17, 2020
|
CRMLS_CA | $2,750,000 | -8.0% | |
11/2/20
Nov 2, 2020
|
CRMLS_CA | $2,990,000 |