730 S Westlake Avenue
Los Angeles, CA 90057
14
Bed
0
Bath
11,489Sqft
7,492Sqft(Lot)
An incredible investment opportunity priced at only $197,222/Unit. Built in 1988, this solid 18-unit building is entirely exempt from LA City RSO (No RSO, under CA AB1482 only), allowing investors to rapidly capture massive rental upside with a strong 9.64 GRM and 6.16% CAP Rate. The property features a desirable unit mix of 14 one-bedroom units and 4 studios and boasts significant upgrades including a brand-new tankless water heater system and a new CCTV camera system. The building offers tremendous value-add potential through strategic unit remodeling upon future turnover and extra income potential by reopening the unused on-site laundry room. Enjoy an exceptionally stable tenant base with over half of the residents staying for more than 10 years. Strategically located near Koreatown, th
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 14Bathroom Information
Total Baths: 18 Full Baths: 0 Half Baths: 0 -
Heating Source
Natural Gas Has Heating
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Building Information
Year Built: 1988 Building Area Total: 11,489
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.172 -
Lot Size Source: Assessor Lot Size Square Feet: 7492
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Listing Price Information
Original List Price: 3,550,000 Listing Contract Date: 2026-06-15 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5142003005
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Garage and Parking
Garage Description: UndergroundHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Directions: From the 110 Freeway, exit on 8th Street, head west, turn right onto S. Westlake Ave, and the property will be on your right between Wilshire Blvd and 8th St. Zoning: LAR4 Source Property Type: Residential Income Area: C42 - Downtown L.A. -
Building and Construction
Property Age: 38 Year Built Source: Vendor Enhanced Total Square Feet Living: 11489 Levels or Stories: Multi/Split
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 161 S Burlington Avenue, Los Angeles, CA, 90057 | $4,200,000 | 18 | -- | 6,874 | 6,874 SqFt |
| 136 S Westlake Avenue, Los Angeles, CA, 90057 | $1,850,000 | -- | -- | 10,040 | 10,040 SqFt |
| 127 S Westlake Avenue, Los Angeles, CA, 90057 | $895,000 | 4 | 1 | 2,270 | 2,270 SqFt |
| 272 S Burlington, Los Angeles, CA, 90057 | $925,000 | 2 | -- | 2,778 | 2,778 SqFt |
| 272 S Burlington, Los Angeles, CA, 90057 | $925,000 | -- | -- | 2,778 | 2,778 SqFt |
| 229 S Westlake Avenue, Los Angeles, CA, 90057 | $1,895,000 | -- | -- | 6,150 | 6,150 SqFt |
| 1803 Maryland Street, Los Angeles, CA, 90057 | $1,249,000 | 6 | -- | 4,083 | 4,083 SqFt |
| 502 S Westlake Avenue, Los Angeles, CA, 90057 | $2,800,000 | 2 | -- | 13,539 | 13,539 SqFt |
| 107 S Rampart Boulevard, Los Angeles, CA, 90057 | $998,888 | 5 | 2 | 2,248 | 2,248 SqFt |
| 2731 Beverly Boulevard, Los Angeles, CA, 90057 | $8,895,000 | 66 | -- | 24,795 | 24,795 SqFt |
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ByOwner last updated this listing 06/20/2026 @ 22:38
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