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200 S Westlake Ave

Los Angeles, CA 90057
  • $2,095,000
  • STATUS: Active Under Contract
  • ON SITE: 30 Days
  • MLS #: 22-149361
Under Contract
UPDATED: 19 min ago
$2,095,000
  • 12
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,740
    SQFT
  • $240
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Description

We are pleased to present this twelve (12) unit apartment building located in a Westlake community a short distance from St. Vicient Hospital and downtown. This 8,740 SF, two story, all one bedroom, one bath building offers a great opportunity to acquire a value add investment opportunity for a portfolio investor. The building is situated on a 9,283SF R3-1, TOC 1 zoned lot in a state enterprise zone. The tenants have a wide range of amenities; restaurants, retail, medical and recreation located close by. The property's central location has ease access to the 101, 110 and 10 freeways. The property is sold in its As-Is, Where-Is condition

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T18:43:30.103. 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.
www.markwiseproperties.com/homes/127992528
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200 S Westlake Ave Los Angeles, CA 90057

  • Price: $2,095,000
  • Status: Active Under Contract
  • On Site: 30 Days
  • Updated: 19 min ago
  • MLS #: 22-149361
12
Beds
0
Baths
0
½ Baths
0.21
Acres
8,740
SQFT
$240
$/SQFT
1951
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
We are pleased to present this twelve (12) unit apartment building located in a Westlake community a short distance from St. Vicient Hospital and downtown. This 8,740 SF, two story, all one bedroom, one bath building offers a great opportunity to acquire a value add investment opportunity for a portfolio investor. The building is situated on a 9,283SF R3-1, TOC 1 zoned lot in a state enterprise zone. The tenants have a wide range of amenities; restaurants, retail, medical and recreation located close by. The property's central location has ease access to the 101, 110 and 10 freeways. The property is sold in its As-Is, Where-Is condition
Exterior Features

Levels Multi/Split Lot Location Corner Lot Lot Size Area 9283 Other Structures None Parking Garage Uncovered Paved YN Yes Total Parking 6 View Description None View YN No Water Frontage None

Interior Features

Baths Total 12.00 Cooling None Equipment None Fireplace Rooms None Heating Wall Water Heater Features Water Heater Unit

Property Features

Alley YN Yes Gross Income 125612 Gross Operating Income 125612 Land Lease Type Fee Like Units1 1 Like Units2 5 Like Units3 4 Like Units4 2 Net Operating Income 61901.00 Number Of Buildings 1 Number Of Units 12 Owner Pays Water Property Condition Fixer Rent Control YN Yes Sale Type Standard Security Features None Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays Gas Total Annual Expense 61199 Type Of Units 12 Water In Street Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of D. Timothy Byrne DRE#01186465 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T18:43:30.103. 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.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270