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Westwood Penthouse Condo Investment Two Units, One Price! An exclusive fully leased income property featuring two penthouse 2-bed, 2-bath condos, each 1,118 sq. ft. (2,233 sq. ft. combined). One unit offers stunning panoramic views of the city skyline and snow-capped mountains.Currently generating $95,700 in annual gross income, with top-of-market lease rates: Unit #301 - $4,025/month (lease through 3/31/25) Unit #302 - $3,950/month (lease through 7/14/25) Both units feature modern upgrades, including engineered wood flooring, dual-pane windows, recessed lighting, in-unit washer/dryer, and stylish kitchens with LG stainless steel appliances, quartz countertops, and lacquered maple cabinets. Additional highlights: Three subterranean deeded parking spaces Private indoor storage closets & secure bike parking Pet-friendly building Prime Westwood location near UCLA, Century City, dining, shopping & easy freeway accessA turnkey investment with high rental demand, live in one unit and rent the other or capitalize on steady rental income in one of LA's most sought-after neighborhoods! Buyer to participate in 1031 exchange, at no cost to the buyer.
Last Updated | 3/10/2025 | Year Built | 1971 |
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Community | Westwood - Century City | County | Los Angeles |
Additional Details
AMENITIES | Hot Water, Meeting Room |
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APPLIANCES | Dishwasher, Refrigerator |
AREA | Westwood - Century City |
GARAGE | Community Structure, Controlled Entrance |
HOA DUES | 976 |
INTERIOR | Walk-In Closet(s) |
LOT | 8011 sq ft |
PARKING | Controlled Entrance,Community Structure |
POOL DESCRIPTION | None |
STORIES | 1 |
STYLE | Contemporary |
VIEW | Yes |
VIEW DESCRIPTION | City Lights |
ZONING | LAR3 |
Location
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