730 Westlake Avenue, Los Angeles, CA 90057
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- MLS#: SB24182648 ( Apartment )
- Street Address: 730 Westlake Avenue
- Viewed: 5
- Price: $4,088,888
- Price sqft: $0
- Waterfront: No
- Year Built: 1988
- Bldg sqft: 0
- Days On Market: 156
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90057
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: Cameron Cameron
- DMCA Notice
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Description1988 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 Location and Similar Properties
Features
Building Area Total
- 11489.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Country
- US
Days On Market
- 31
Electric Expense
- 0.00
Fuel Expense
- 0.00
Garage Spaces
- 27.00
Insurance Expense
- 0.00
Laundry Features
- Inside
Levels
- Two
Lot Features
- 0-1 Unit/Acre
Netoperatingincome
- 219928.00
Number Of Separate Electric Meters
- 18
Number Of Separate Gas Meters
- 18
Parcel Number
- 5142003005
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 422366312:CRM
Totalexpenses
- 113802.00
Trash Expense
- 0.00
Vacancyallowance
- 10322
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 1988
Year Built Source
- Assessor
Zoning
- LAR4