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$3,400,000
Est. payment /mo
8,704 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,704 sqft
Price per Sqft $390
MLS Listing ID CROC26040247
HOA Y/N No
Year Built 1954
Lot Size 7,620 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
Well-located 12-unit apartment building in the heart of Westlake, directly across from LAPD Newton Division headquarters, which brings a real sense of stability and safety presence to the block. The property is fully occupied and currently produces steady rental income, making it suitable for an owner who wants cash flow from day one. Over time, rents have room to grow as units turn, and the underlying land sits in an area the City is actively encouraging more housing. It's uncommon to find a Westlake property directly across from a police station with this level of zoning flexibility already in place. Opportunities with this combination of location, stability, and future potential don't come up often - and when they do, they tend to move quickly.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Lot Description Other
New Construction No
Others
Tax ID 5153006015
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Listed by Robert Chou • Golden Compass Realty, Inc
NEARBY SCHOOL & BUSINESS
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122