1988 Construction and EXEMPT from LA RSO rent control.
Delivered at a 5.38% cap rate and 11.88 GRM and only
$227k/unit which is incredible for a 1980s asset.
730 S Westlake Ave, Los Angeles is the ideal opportunity
for any buyer looking for a low-maintenance, positive
leverage asset with high in place cash flow. Priced at only
$227k/unit!
The subject property is comprised of (14) 1-Bed/1-Bath
and (4) Studio/1-Bath units. The building features copper
plumbing, 27 private parking spaces and a laundry room
on site.
730 S Westlake Ave is conveniently located just minutes
from Downtown Los Angeles, with easy access to the 10
and 110 freeways. There are many shops and restaurants
nearby, making it a prime location for renters.
Delivered at a 5.38% cap rate and 11.88 GRM and only
$227k/unit which is incredible for a 1980s asset.
730 S Westlake Ave, Los Angeles is the ideal opportunity
for any buyer looking for a low-maintenance, positive
leverage asset with high in place cash flow. Priced at only
$227k/unit!
The subject property is comprised of (14) 1-Bed/1-Bath
and (4) Studio/1-Bath units. The building features copper
plumbing, 27 private parking spaces and a laundry room
on site.
730 S Westlake Ave is conveniently located just minutes
from Downtown Los Angeles, with easy access to the 10
and 110 freeways. There are many shops and restaurants
nearby, making it a prime location for renters.
Property Details
Price:
$4,088,888
MLS #:
SB24182648
Status:
Active
Baths:
0
Address:
730 S Westlake Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Sep 3, 2024
State:
CA
ZIP:
90057
Lot Size:
7,492 sqft / 0.17 acres (approx)
Year Built:
1988
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Urban
Garage Spaces
27.00
Lot Features
0-1 Unit/ Acre
Parking Spots
27.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address730 S Westlake Avenue Los Angeles CA
- Area699 – Not Defined
- CityLos Angeles
- CountyLos Angeles
- Zip Code90057
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.730 S Westlake Avenue
Los Angeles, CA
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