4-Unit Stand-Alone
1315 S Westmoreland Ave, Los Angeles, CA 90006
For Sale
$1,290,000
R4-zoned quadplex with on-site parking and access to nearby commercial districts.
Property Size4,532 SF
Days on Market278
Property Features for 1315 S Westmoreland Ave
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
WIN Realty & Properties
Listed By:
Hongchul Chun · License CA #01799920
(213) 500-8236
Source:
Milsteinestates
Added: Feb 10
Changed: Nov 11
Last Checked: Nov 12 at 6:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WIN Realty & Properties
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Investment Insights
Based on property information with market context.
This stand-alone residential property contains four units and dates to 1912. The building is positioned within an R4 zoning district, providing a defined land-use framework for the site. On-site parking is also part of the property’s existing configuration.
The address is in Los Angeles, with access to the Pico and Westmoreland commercial districts. Its separate-building format and four-unit layout offer a straightforward physical profile for evaluating the property within the surrounding urban setting.
The address is in Los Angeles, with access to the Pico and Westmoreland commercial districts. Its separate-building format and four-unit layout offer a straightforward physical profile for evaluating the property within the surrounding urban setting.
Key Highlights
- Four‑unit property in Los Angeles
- R4 zoning designation
- Stand‑alone building configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,145
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,582,900
$1.6M
Cap Rate 7%
$1,130,643
$1.1M
Cap Rate 9%
$879,389
$879.4K
Market Conditions
NOI Build-Up for 4,532 SF
Gross rent
$122.4K $27.00/SF
− Vacancy
−$9.3K −$2.05/SF
EGI
$113.1K $24.95/SF
− OpEx
−$33.9K −$7.48/SF
NOI
$79.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,582,900
Cap Rate 7%
$1,130,643
Cap Rate 9%
$879,389
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$989.3K – $1.32M
NOI $79,145 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$1.04M
$911.6K – $1.22M
NOI $72,924 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M
NOI $132,452 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,659
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - R4-zoned quadplex with on-site parking and access to nearby commercial districts.
Where is this quadplex located?
The property is located at 1315 S Westmoreland Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Four‑unit property in Los Angeles; R4 zoning designation; Stand‑alone building configuration
