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335 S Westlake Avenue

Los Angeles (City), CA 90057
  • $2,000,000
  • STATUS: Closed
  • ON SITE: 72 Days
  • ID#: 22148467
Sold - 06/28/2022
$2,000,000
SOLD - 06/28/2022
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): D. Timothy Byrne of Compass (310-500-3900)


Description

We are pleased to present this value-add opportunity to acquire 335 S. Westlake, a 15 unit multifamily investment property located in the Westlake community of Los Angeles. Built in 1957 the property offers a 7,345 SF building comprised of 14 studios and 1, one bedroom, one bath units. For future development opportunity the property is situated on a 7,743 SF lot zoned R4, TOC 3 in an enterprise and opportunity zone. The Westlake neighborhood has shown strong rental growth year after year. The property is located near the Metro Purple and Red lines at the Westlake MacArthur park station. The property is sold in its As-Is, Where-Is condition

Sold by William James of Lyon Stahl Investment Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-02T13:31:52.737. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/127893387
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335 S Westlake Avenue Los Angeles (City), CA 90057

  • Price: $1,995,000
  • Status: Closed
  • On Site: 72 Days
  • Updated: 41 min ago
  • ID#: 22148467
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1957
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
We are pleased to present this value-add opportunity to acquire 335 S. Westlake, a 15 unit multifamily investment property located in the Westlake community of Los Angeles. Built in 1957 the property offers a 7,345 SF building comprised of 14 studios and 1, one bedroom, one bath units. For future development opportunity the property is situated on a 7,743 SF lot zoned R4, TOC 3 in an enterprise and opportunity zone. The Westlake neighborhood has shown strong rental growth year after year. The property is located near the Metro Purple and Red lines at the Westlake MacArthur park station. The property is sold in its As-Is, Where-Is condition
Exterior Features

Carport YN Yes Parking Features Carport Parking Total 9

Interior Features

Cooling None Cooling YN No

Property Features

Association Fee 0 Gross Income 143666 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 74904 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lar4



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-02T13:31:52.737. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): D. Timothy Byrne of Compass (310-500-3900)