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… Read More 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. Read Less
Courtesy of Marcus & Millichap, Mitchell Zurich 408-888-9594
Listing Snapshot
Days Online
0
Last Updated
Property Type
Five Or More Units
Square Ft.
17,145
Lot Size
0.17 Acres
Year Built
1930
MLS Number
ML82058821
Additional Details
Lot
Max Area: 7500.00, Max Area Units: Square Feet, Lot is 0.17217630853994 acres
Accessibility Features
None
Unit One
1 bedroom
Building
17,145 structure square feet, Age: 96, Built in 1930, 1 building, 30 minimum units in complex
Cooling
None
Foundation
Concrete Perimeter and Slab
Garage
No Parking
Water Features
Water On Site
Heating
Other
Tenant Pays
Utilities - Electric, Utilities - Gas, Utilities - Water
Miscellaneous
Total expenses: 204224
Property
Zoning: LAC2
Roof
Flat / Low Pitch
Security Features
None
Taxes
Annual tax amount: $44,648
Sewer
Sewer Connected
Utilities
Master Water, Individual Electric Meters
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