730 S Westlake Avenue
Los Angeles, CA 90057
0.17 acres | #SB24182648
Description
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.
Property Details
- Lot DescriptionItem01UnitAcre
- Stories2
Measurements
- Acres0.172
Parking
- Parking Spaces27
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1988
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$4,088,888
Other
- MLS #SB24182648
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Cameron Samimi (#SBSAMICAM)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
