Description

$650,000 PRICE REDUCTION | 9.17% CAP RATE | 6.13 GRM - - 711 S. Westlake Avenue presents an opportunity to acquire a 30-unit multifamily property in Los Angeles. The price has been reduced 18% to $2,900,000, or approximately $96,667 per unit. The seller is highly motivated and seeking a closing before year end.

Property details

Square feet

17,145

Year built

1930

Property type

Commercial Sale

Lot size

7,500 sqft

Location

711 S Westlake Avenue • Los Angeles, CA 90057

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Listed by

Mitchell Zurich · Marcus & Millichap

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Commercial Property - 711 S Westlake Avenue, Los Angeles, CA