Well located 18unit multifamily property in the Westlake area of Los Angeles. Built in 1955, the two story building sits on an approximately 9,316 SF lot with LAR3 zoning. The unit mix includes singles, studios, bachelor, and 1bed/1bath units, offering broad tenant appeal. The property features separately metered gas and electric, 12 onsite parking spaces, and fee simple ownership. In place rents present operational upside potential. Centrally located near Downtown Los Angeles, Koreatown, Echo Park, and public transportation. All showings by appointment only please do not disturb tenants.
| MLS # | 26830079 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1955 |
| Days On Site | 112 |
| Listing Provided By | Tony Azzi | Tony Azzi |
| Bath(s) | 18 |
|---|---|
| SQ Feet | 10,040 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 18 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.21 |
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Driveway |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90057 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90057) | |
Price: $1,850,000 low | high Med: $1,893,983 sqft: 10,040 low | high Med: 4,333 $ / sqft: $184 low | high Med: $452 On site: 112 low | high Med: 54.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90057 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90057) | |
Price: $1,850,000 low | high Med: $1,893,983 sqft: 10,040 low | high Med: 4,333 $ / sqft: $184 low | high Med: $452 On site: 112 low | high Med: 54.5 | |