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717 S Westlake Ave, Los Angeles, CA 90057
0 Beds
0 Baths
n/a sqft

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717 South Westlake Avenue is a 40-unit apartment building located in the redeveloping and quickly gentrifying location of Westlake, just west of downtown Los Angeles. The property is steps away from Wilshire Boulevard, Alvarado Street, MacArthur Park, and the metro station. Constructed in 1924, the three-story building was constructed of reinforced brick and is situated on a street to alley lot.The property has a unit mix featuring 33 studios with a bathroom and a kitchen, as well as seven units that are one-bedroom, one-bathroom with a kitchen. The certificate of occupancy from 1923 states that the property contains 36 units, and another was issued in 1987 stating that a portion of the basement was converted to three light housekeeping units and one efficiency dwelling unit. The property is individually metered for gas and the current owner has made upgrades to several of the units.The property has a walk score of 96 which is incredibly high and is defined as Walker's Paradis
  • Price:
  • $6,395,000
  • Acreage:
  • 0.17
  • Year Built:
  • 1924
  • Listing ID #:
  • 19476438
  • Street Address:
  • 717 S Westlake Ave
  • City:
  • Los Angeles
  • State:
  • California
  • Postal Code:
  • 90057
  • County:
  • Los Angeles
  • Community:
  • Cdowntown L.A.
  • Listing Status:
  • Active
  • Number Of Units:
  • 40
  • Stories:
  • 3
  • Total # Of Buildings:
  • 1
  • Year Built:
  • 1924
  • Expenses:
  • 219022.00
  • Net Operating Income:
  • 259901.00
  • Conforms To Zoning:
  • Lar4
  • Lot Features:
  • Sprinklers None
  • Lot Square Footage:
  • 7501.00
  • Days On Market:
  • 124
  • Price Per Square Foot:
  • 345.49
  • Appliances:
  • Refrigerator
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Brent Sprenkle of Berkadia
  • CRMLS

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