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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Joel Martinez

Joel Martinez

+1(408) 819-1114
Listed by Mitchell Zurich • Marcus & Millichap, DRE#01870648
$3,550,000
Est. payment /mo
1 Bed
2 Baths
17,145 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 17,145 sqft

Price per Sqft $207

MLS Listing ID ML82058821

Bedrooms 1

Full Baths 2

Year Built 1930

Lot Size 7,500 Sqft

Property Sub-Type Five or More Units

Property Description

Marcus & Millichap is pleased to present 711 S Westlake Avenue, a 30-unit apartment community located in Los Angeles Westlake neighborhood. The property features a mix of 1-bedroom and studio units, on-site laundry, and is currently 100% occupied. The property offers strong in-place cash flow with significant additional upside through rent growth, physical improvements, and modernization. Ideally located near Downtown Los Angeles and Dodger Stadium, the property presents a compelling value-add and repositioning opportunity.

Location

State CA

County Los Angeles

Zoning LAC2

Interior

Heating Other

Cooling None

Exterior

Parking Features No Parking

Utilities Available Individual Electric Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Water On Site

Others

Restrictions None

Tax ID 5141-019-010

Security Features None

Special Listing Condition Not Applicable

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Joel Martinez

Joel Martinez

+1(408) 819-1114

Property Connection Specialist | License ID: 02338033

Property Connection Specialist License ID: 02338033

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