711 S Westlake AVE, Los Angeles, CA 90057
711 S Westlake AVE, Los Angeles, CA 90057
711 S Westlake AVE, Los Angeles, CA 90057
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$2,900,000
Est. payment /mo
7,501 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID ML82058821

HOA Y/N No

Year Built 1930

Annual Tax Amount $36,930

Lot Size 7,501 Sqft

Property Description

$650,000 PRICE REDUCTION | 9.17% CAP RATE | 6.13 GRM - - 711 S. Westlake Avenue presents an opportunity to acquire a 30-unit multifamily property in Los Angeles. The price has been reduced 18% to $2,900,000, or approximately $96,667 per unit. The seller is highly motivated and seeking a closing before year end.

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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Jim Amen

Jim Amen

+1(916) 718-8604

Broker CA DRE#01841461

Broker CA DRE#01841461

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