730 S Westlake Avenue

Los Angeles, CA 90057
$4,088,888
0.17 acres | #SB24182648
Courtesy of Lyon Stahl Investment Real Estate, Inc.
For Sale

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
    • Property
      • Stories:2
      • Lot description:Item01UnitAcre
    • Measurements
      • Acres:0.172
    • Parking
      • Parking spaces:27
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1988
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$4, 088, 888
  • Other
    • Source
      • MLS #:SB24182648

Location

Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Last Updated: . Source: CRMLS

Listing Courtesy
Listing Agent: Cameron Samimi
Listing Office: Lyon Stahl Investment Real Estate, Inc.

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information