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730 Westlake Avenue, Los Angeles, CA 90057
Priced at Only: $4,088,888
For more Information Call Mobile: 714.478.6676
Address: 730 Westlake Avenue, Los Angeles, CA 90057
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  • MLS#: SB24182648 ( Apartment )
  • Street Address: 730 Westlake Avenue
  • Viewed: 4
  • Price: $4,088,888
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1988
  • Bldg sqft: 0
  • Days On Market: 115
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90057
  • Provided by: Lyon Stahl Investment Real Estate, Inc.
  • Contact: Cameron Cameron
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Building Area Total
  1. 11489.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 31
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 27.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Inside
Levels
  1. Two
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 219928.00
Number Of Separate Electric Meters
  1. 18
Number Of Separate Gas Meters
  1. 18
Parcel Number
  1. 5142003005
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 422366312:CRM
Totalexpenses
  1. 113802.00
Trash Expense
  1. 0.00
Vacancyallowance
  1. 10322
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1988
Year Built Source
  1. Assessor
Zoning
  1. LAR4
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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