Los Angeles, CA 90006,1020 S Westlake Ave
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$ 1,400,000
Est. payment | /mo

4 Beds

2 Baths

2,775 SqFt


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$ 1,400,000
Est. payment | /mo
Save

4 Beds

2 Baths

2,775 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,775 sqft

Price per Sqft $504

MLS Listing ID 25556069

Style Traditional

Bedrooms 4

Construction Status Repair Cosmetic, Updated/Remodeled

Year Built 1903

Lot Size 7,502 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

This income property on Olympic Blvd is an excellent investment opportunity in Los Angeles. Designated and permitted as a rooming house, each room can be rented out for passive income. Currently fully occupied, the property promises a steady stream of rental income, and its prime location just a short walk from the LA Live entertainment district makes it an ideal investment for growth potential. Don't miss out on the chance to earn a healthy return on your investment with this high-yielding property.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Floor Furnace

Cooling None

Equipment Gas Or Electric Dryer Hookup, Refrigerator, Garbage Disposal, Range/Oven

Exterior

Parking Features Assigned, Carport, Gated, Private

Garage Spaces 8.0

Roof Type Asphalt

Building

Lot Description Fenced Yard

Story 2

Sewer Public Hookup Available

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Stucco

Construction Status Repair Cosmetic, Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Fox Industrial Realty
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1020 S Westlake Ave