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Westlake Value Add Multi-Family For Sale
Los Angeles, CA City West

$2,100,000 USD

Multifamily For Sale  •  10,736 SF

2 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 4.08 %
96 Transit Score
93 Walk Score

Highlights

Two Adjacent Apartment Buildings: 4 Units + 6 Units
Investor or Developer Opportunity
Combined Projected $85,693 NOI with One Vacant Unit — 4.08% Cap Rate
One Block North of 8th Street — Just ½-Mile From LA LIVE
Zoned LA R5(CW)-U/6

Property Flyers

Financial Summary (Actual)

Net Operating Income: $85,693 USD (2024)
Cap Rate: 4.08 %
Total Expenses: $48,178 USD

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.7 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)) 8 min - 2.9 mi
Transit/SubwayDriveWalkDistance
7th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 13 min 0.7 mi
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 15 min 0.8 mi
Pico Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 25 min - 14.2 mi
Los Angeles International 25 min - 14.4 mi
Long Beach (Daugherty Field) 31 min - 22.7 mi
Rene Mexia 213-446-2286 Major Properties
Rene Mexia 213-446-2286 Major Properties