136 S Westlake Ave - Apartments FOR SALE


Los Angeles, CA 90057- Westlake North
$1,950,000 USD
136 S Westlake Ave, Los Angeles, CA for Sale
$1,950,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

136 S Westlake Ave
Los Angeles, CA 90057
Westlake North


OVERVIEW

Well-located 18-unit 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 ±10,040 SF of building area and LAR3 zoning. The unit mix includes singles, studios, bachelor, and 1-bed/1-bath units, offering broad tenant appeal. The property features separately metered gas and electric, 12 on-site 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.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

18

PRICE/UNIT

$108,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,316 SF

ZONING

LAR3

APN/PARCEL ID

5154-002-008

ASK ABOUT THIS PROPERTY

Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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