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.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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