1256 S Westgate Avenue, Los Angeles, CA 90025

• 7,391 sqft

Property Description

PRICE ADJUSTMENT!! We are pleased to present 1256 S. Westgate Ave in a prime West Los Angeles submarket just a block south of Wilshire Blvd and adjacent to Brentwood, another premier rental pocket of LA's westside. The subject property is a 10 unit apartment building built in 1960. The building boasts an excellent unit mix including (7) 1 bed / 1 bath and (3) 2 bed / 1 bath units spread out over 7,391 square feet and sits on a 7,202 square foot LAR3 zoned lot. 1256 Westgate is a unique value-add opportunity in one of the best rental pockets of Los Angeles. With approximately 72% upside in rents a future investor will benefit from a well located asset and long term growth potential. LA's Westside has continued to prove to be one of the, if not the best, rental pockets in all of Los Angeles. With continued rent growth and low vacancy rates renters continue to seek out opportunities in the immediate area surrounding the subject property. With Santa Monica directly to the west, Brentwood directly to the north and Westwood just a short distance to the east, the property is strategically positioned. Area amenities include high end restaurants, bars and nightlife along with shopping and a robust office market making it a perennial economic hub in Southern California. The location and re

Listing Status:

Active

Date Added:

January 21, 2025 at 06:00AM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

Peter James : 310-467-7581

MLS ID:

CL25487089

Interior

• Appliances: Dryer
• Laundry: Common AreaDryerWasher
• A/C: None

Exterior

• Parking: CoveredOtherSide By Side

Construction

• General: Stucco

Location

• County: Los Angeles

Lot

• Zoning: LAR34263007025
• View: City Lights

Utilities

• Utilities: Other Water/Sewer
• Water: Other

This listing courtesy of Peter James, Lyon Stahl Investment Real Estate, Inc.