1020 South Westlake Avenue, Los Angeles, CA 90006
1020 South Westlake Avenue, Los Angeles, CA 90006
1020 South Westlake Avenue, Los Angeles, CA 90006
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Lloyd Yang • West Shores Realty, Inc.
$1,290,000
Est. payment /mo
2,775 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,775 sqft

Price per Sqft $464

MLS Listing ID SB-23203890

Year Built 1903

Lot Size 7,502 Sqft

Property Sub-Type Duplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Huge price improvement!! Over 6% CAP Rate. Check out the numbers on this income property right off of Olympic Blvd. Designated and permitted as a rooming house, each room is permitted to be rented out individually for passive income! Currently fully occupied, the property promises a steady stream of rental income, and its prime location just a short walk from LA Live entertainment district makes it an ideal investment for growth potential. Don't miss out on the chance to earn a healthy return on your investment with this high-yielding property.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR3

Interior

Heating Floor Furnace

Flooring Laminate

Fireplaces Type None

Laundry Community, Gas & Electric Dryer Hookup

Exterior

Parking Features Detached Carport

Pool None

Community Features Sidewalks, Street Lights, Urban

Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

Read Less Info

Nearby School & Business

Paul Ward
Paul Ward

Broker Associate License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Real Brokerage Technologies DRE 02022092, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

QUICK SEARCH