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Multifamily For Sale • 11,750 SF
| Value-Add & Development Potential – Multiple garages are ideal for ADU conversion, and an oversized lot offers significant TOC Tier 3 potential. |
| Strong Day-One Income with Upside – The property is generating strong income with reliable tenants and substantial rental growth opportunity. |
| Desirable Courtyard Layout with 100% Bungalow Style Units – The layout of both buildings is extremely attractive for tenants. |
| Prime Westlake Location – Close proximity to local retail, schools, and major employment centers, with convenient access to the 110 and 101 freeways. |
| Attractive Parking & Amenities – Includes 18 garages, 1 open parking space, and on-site laundry facilities. |
| Cap Rate: | 3.18 % |
| Total Expenses: | $129,502 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 7 min | - | 2.6 mi | |
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 9 min | - | 2.8 mi |
| Transit/Subway | Drive | Walk | Distance |
| Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 11 min | 0.6 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 25 min | - | 13.8 mi |
| Los Angeles International | 27 min | - | 18.3 mi |
| Long Beach (Daugherty Field) | 33 min | - | 23.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 1 |
| Type: | Surface |
| Included in Rent: | Yes |
John Katnik
BRC Advisors - BH, Inc.
John Katnik
BRC Advisors - BH, Inc.
