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For SaleLuxury

$2,450,000

7,745 sqft$316/sqft121 days on market

325 S Westlake Avenue

Los Angeles, CA 90057

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

7,745

Square feet

1959

Built

Listing narrative

Description

325 S. Westlake is a 10-unit residential income property, positioned along the Westlake-Koreatown corridor in the 90057 zip code- one of L.A's highest density rental submarkets, just two miles from Downtown LA, and minutes from McArthur Park Metro Station. This property generates $190,286 in gross annual income with rents meaningfully below current market comps, presenting a clear value-add opportunity with identifiable upside. In place rents average $1,577/month vs. market comps of $1,650 - $1,900 (1BR) and $2,040 - $2,480 (2BR) in 90057. Perfect unit mix of seven (7) 1BR + BA and three (3) 2BR+2BA. Each unit gets its own tandem carport parking space in a gated space. Take advantage of this low price per square foot opportunity.

Listing agent (MLS): Jenny Park · Listing brokerage (MLS): Circa Properties, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,450,000

Beds

Beds n/a

Type

Commercial

Home Size

7,745 sqft

Baths

Baths n/a

Lot Size

0.18 acres

Year

1959

Status

For Sale

Days on Market

121

$ / Sqft

$316

· 8% down, 7% APR, 30yr fixed
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Courtesy of Circa Properties, Inc.