1020 S Westlake Avenue

1020 S Westlake Avenue, Los Angeles, CA 90006

Amazing opportunity to invest in a rooming house with solid income! Cap rate above 5% with even more upside potential. Great location right off Olympic Blvd, walkable distance to restaurants, LA Live, and public transportation. This property is fully occupied and rooms are highly desired when available.

Features & Amenities

Interior

Laundry Room Electric Dryer Hookup, Gas Dryer Hookup
Flooring Laminate

Exterior

Stories 2
Water Source Public
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
POOL None
ROOF Shingle
Lot Features 0-1 Unit/Acre
Parking Assigned, Carport, Gated, Private
Heat Type Floor Furnace
Air Conditioning None
Sewer Public Sewer
Substructure Raised
HOA Amenities Sidewalks
Security Features Fire Detection System, Security Gate, Smoke Detector(s)

Area & Lot

Status For Sale
LIVING SPACE 2,775 Sq.Ft.
LOT SIZE 0.172 Acres
MLS® ID SB22066571
Type MULTI_FAMILY
Year Built 1903
Architecture Styles Colonial, Other

Financial

SALES PRICE $1,390,000
Zoning LAR3

Work With Guillermo

Your home is your sanctuary. Letting go of that sanctuary can be a traumatic process. Finding a new haven can be just as daunting. Guillermo understands and his goal is to find your perfect new home that will not only suit your budget, but also give you immediate peace and protection the moment you walk through the door.

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