Westlake Value Add Multi-Family For Sale Multi-Family FOR SALE


Los Angeles, CA - City West
$2,100,000 USD
213-446-2286
, Los Angeles, CA for Sale
$2,100,000 USD
Multi-Family - FOR SALE
1/4
null | 2.86% Cap Rate

Westlake Value Add Multi-Family For Sale
Los Angeles, CA
City West


HIGHLIGHTS

  • Two Adjacent Apartment Buildings: 4 Units + 6 Units
  • Investor or Developer Opportunity
  • Current Actual $60,140 NOI with 1 Vacant Unit
  • One Block North of 8th Street — Just ½-Mile From LA LIVE
  • Zoned LA R5(CW)-U/6

OVERVIEW

Two Westlake multi-family properties for sale. Value add investment opportunity. Adjacent 6-unit and 4-unit apartment buildings. Total of 10,743± SF of buildings on 12,484± SF of land. Must be purchased together. Combined actual $60,140 net annual income with one vacant unit. Great Westlake location one block north of 8th Street between Columbia Ave and Hartford Ave. Situated approximately one-half mile north of LA LIVE and Crypto.com Arena. Just minutes west of Downtown Los Angeles. Future development potential ($168.22 per SF land value).

ASK ABOUT THIS PROPERTY

Rene MexiaMajor PropertiesMore Info
213-446-2286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Rene MexiaMajor PropertiesMore Info
213-446-2286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.