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Listed by Mitchell Zurich • Marcus & Millichap, DRE#01870648
$2,900,000
Est. payment /mo
1 Bed
2 Baths
17,145 SqFt
Price Dropped by $650K
711 S Westlake AVE Los Angeles, CA 90057
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Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 17,145 sqft
Price per Sqft $169
MLS Listing ID ML82058821
Bedrooms 1
Full Baths 2
Year Built 1930
Lot Size 7,500 Sqft
Property Sub-Type Five or More Units
Property Description
$650,000 PRICE REDUCTION | 9.17% CAP RATE | 6.13 GRM - - 711 S. Westlake Avenue presents an opportunity to acquire a 30-unit multifamily property in Los Angeles. The price has been reduced 18% to $2,900,000, or approximately $96,667 per unit. The seller is highly motivated and seeking a closing before year end.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Heating Other
Cooling None
Exterior
Parking Features No Parking
Utilities Available Individual Electric Meters
Roof Type Flat / Low Pitch
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Water On Site
Others
Restrictions None
Tax ID 5141-019-010
Security Features None
Special Listing Condition Not Applicable
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