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$3,550,000
Est. payment /mo
7,501 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82058821
HOA Y/N No
Year Built 1930
Annual Tax Amount $44,648
Lot Size 7,501 Sqft
Property Description
Marcus & Millichap is pleased to present 711 S Westlake Avenue, a 30-unit apartment community located in Los Angeles Westlake neighborhood. The property features a mix of 1-bedroom and studio units, on-site laundry, and is currently 100% occupied. The property offers strong in-place cash flow with significant additional upside through rent growth, physical improvements, and modernization. Ideally located near Downtown Los Angeles and Dodger Stadium, the property presents a compelling value-add and repositioning opportunity.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Cooling None
Fireplace No
Exterior
Roof Type Flat
Schools
School District Los Angeles Unified
Others
Tax ID 5141019010
Special Listing Condition Standard
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Listed by Mitchell Zurich Marcus & Millichap #01870648
Nearby School & Business
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