Wolf Baschung, CCIM, CPM / KW Commercial as Exclusive Listing Agent, is proud to present Westminster Villas Apartments. This pride of ownership Los Angeles Westside property features eight very large (930sf) two-bedroom, one bath units situated on a large double corner lot complete with eight physical addresses on two streets. This asset is one of a kind, with lush landscaping, oversized garage units, and mature trees. Bright interiors ae complemented by private yards and attached decks enhance the indoor-outdoor experience of these desirable homes. The apartments features cook's kitchens, ample storage and gleaming hardwood floors that underscore the charm of a 1940's abode.

Solid tenancy, individual gas/electric meters, impeccable upkeep and recent remodel (newer 2012 roof, copper plumbing, wiring and panels, windows, landscaping, appliances, fixtures and finishes) set the stage for a low management/low maintenance.

Location Description:

Westminster Villas Apartments is one of a kind! Call today!!!

Highlights:

>> Huge 930 SF Apartments

>> Totally Redone 2004

>> New Roof 2012

>> Solid Tenancy w/ high credit ratings

>> Sep. metered (tenants pay gas, elec. & trash)

>> Large corner, dbl lot w/ mature trees and landscaping

>> 4 pvt enclosed yards, 4 pvt decks

>> 8 garage units with personal, lockable storage

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Sales Info:

>> Cap rate: 4.07%

>> Commision split: 2.0%

>> NOI: $141227