502 S Westlake Ave, Los Angeles, CA, 90057
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Property Details
2
28
Multi-Family
Description
Property Details: • Type: Multi-Family • Bedrooms: 2 • Bathrooms: 28 • Square Feet: 13539 • Lot/Size: 8,612 sqft lot
Description: * * INDIVIDUALLY METERED: * * Tenants pay their own electricity, reducing owner operating expenses. * * CLOSE PROXIMITY TO 2028 OLYMPIC VENUES: * * Located in close proximity to major venues in the "Downtown Sports Park" for the 2028 Summer Olympics in Los Angeles. Venues include the LA Coliseum, Crypto.com Arena, & BMO Stadium. * * UNIQUE CHARACTER ASSET: * * Distinctive architectural character with timeless appeal. * * ATTRACTIVE BASIS: * * Priced at $100,000/unit with a 7.10 GRM, offering investors a compelling entry point. * * VALUE-ADD POTENTIAL: * * 22% rental upside remaining through interior renovations. * * LONG TERM OWNERSHIP: * * Same ownership fo
Location
Address
502 S Westlake Ave, Los Angeles, CA, 90057
City
Los Angeles
Features and Finishes
Year Built: 1922; [object Object]; [object Object]; [object Object]
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