Los Angeles, CA 90025,1453 S Westgate Ave
Los Angeles, CA 90025,1453 S Westgate Ave
Los Angeles, CA 90025,1453 S Westgate Ave
63
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$2,695,000
Est. payment /mo
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9 Beds
9 Baths
4,872 SqFt
Active

1453 S Westgate Ave Los Angeles, CA 90025

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,872 sqft

Price per Sqft $553

MLS Listing ID 25574441

Bedrooms 9

Year Built 1956

Lot Size 6,997 Sqft

Acres 0.1606

Property Sub-Type Multi-Family

Property Description

IMPROVED INCOME. UNDER 11.51 GIM and 5.57 CAP Rate in Prime West LA North of Santa Monic Blvd. We are pleased to offer for sale a timeless mid-century gem located in prime West Los Angeles. 1453 S Westgate Avenue, perfectly positioned along a tree-lined street, presents the unique opportunity to acquire a quintessential turnkey property situated in one of the strongest rental locations in Los Angeles. The property boasts an ideal unit mix for the area consisting of all large 1-bedroom units, with some units featuring outdoor patios or a separate office space. Each of the units has a terrific floor plan and offers an abundance of natural light. Many units have been designer remodeled and luxury upgraded with top of the line appliances, hardwood flooring, and updated kitchens and bathrooms. Other property features include well landscaped grounds, a pitched roof, copper plumbing, an on-site laundry facility, and ample on-site parking. All soft story seismic retrofit has been completed by ownership (Buyer to verify). Close to some of Los Angeles' best dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Location

State CA

County Los Angeles

Area West L.A.

Zoning LAR3

Rooms

Other Rooms None

Kitchen Counter Top, Island, Quartz Counters, Tile Counters

Interior

Heating Wall

Cooling Wall/Window

Flooring Laminate

Equipment Built-Ins, Refrigerator, Other

Exterior

Parking Features Assigned, Detached

Garage Spaces 9.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Jennifer D. Holmes
Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972 | jenniferd.holmes@evrealestate.com

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1453 S Westgate Ave