Property listed by Coldwell Banker Realty, Avi Barazani 818-788-5400

502 S Westlake Avenue

Los Angeles, CA 90057
$2,950,000
Price adjustment, motivated seller - investment opportunity in the heart of Los Angeles, Westlake area. 1920s Art Deco apartment building featuring 28 units- mix of 26 studio + one bath and 2 one bedroom + one bath units. Close proximity to USC, LA Live, Staples Center, Koreatown, Dodger Stadium, andRead MoreRead Less
Listing Snapshot
Days Online
15
Last Updated
Property Type
Apartment
Lot Size
0.2 Acres
Year Built
1922
MLS Number
SR25262928
Property Location Map
Additional Details
Building
Built in 1922, 1 building, 3 stories, Levels: ThreeOrMore, Entry level: 2, Entry location: Front
Community
Sidewalks
Expenses
Electric: $6,492, Fuel: $13,200, Insurance: $53,208, Operating: $274,596, Trash: $8,976, Water/Sewer: $149,988
Home Owner's Association
Association Fee: $0
Income
Gross Income: $375,684, Gross ScheduledIncome: $375,684, Net Operating Income: $101,088
Laundry
CommonArea
Lot
0.1977 acres
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5154026020, Lot: 83
Utilities
Water Source: Public, 28 separate electric meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.