830 S Westlake Avenue, Los Angeles, CA 90057
Commercial property
Sold November 2023
Listing Agent: Suk Joon Chang (DRE #01843430) · Listing Office: Team Spirit Realty, Inc. · Contact: 714-562-0404 · Bought with: Suk Joon Chang · Team Spirit Realty, Inc. · MLS #PW23098296 · Source: CRMLS
34,722
Building Sq Ft
60
Units
3.77%
Cap Rate
$414,303
NOI
29,999 sqft
Lot Size
1964
Year Built
LAR3
Zoning
Commercial property
Type
About this commercial property
Realtors! Call your developer clients now. Excellent opportunity to acquire investment property in the heart of Los Angeles. 60-unit apartment building on 30,000 SQFT lot near DTLA. Located near Alvarado St, restaurants and stores. Near 100% occupancy. Upside rent market and potentials.
Listing description from the November 2023 sale, as reported to CRMLS.
Sale history
$6,800,000
Sold November 2023 · listed $11,000,000, orig. $14,000,000, on market June 2023 · MLS #PW23098296 · Source: CRMLS
Listing Agent: Suk Joon Chang · Listing Office: Team Spirit Realty, Inc. · Contact: 714-562-0404 · Bought with: Suk Joon Chang · Team Spirit Realty, Inc.