1020 South Westlake Avenue, Los Angeles, CA 90006
1020 South Westlake Avenue, Los Angeles, CA 90006
1020 South Westlake Avenue, Los Angeles, CA 90006
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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517
Listed by Lloyd Yang • West Shores Realty, Inc.
$1,290,000
Est. payment /mo
2,775 SqFt
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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

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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517

Broker Associate | License ID: DRE# 02091823

Broker Associate License ID: DRE# 02091823

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