8 unit multifamily property in Westlake sold at $950,000, equating to $118,750 per unit and approximately $215 per square foot. The asset consists entirely of one bedroom one bathroom units totaling 4,408 square feet on a 6,517 square foot lot. Long term ownership since 2008 with significant rental upside at time of sale. Transaction offers the buyer a below replacement cost basis in a central Los Angeles submarket with strong value add potential.