1256 S Westgate Avenue
Los Angeles, CA 90025
- – beds
- – baths
- – sqft
- 7,204 sqft lot
- 1960 build
- – on site
We are pleased to present 1256 S. Westgate Ave in a prime West Los Angeles submarket just a block south of Wilshire Blvd and adjacent to Brentwood, another premier rental pocket of LA's westside. The subject property is a 10 unit apartment building built in 1960. The building boasts an excellent unit mix including (7) 1 bed / 1 bath and (3) 2 bed / 1 bath units spread out over 7,391 square feet and sits on a 7,202 square foot LAR3 zoned lot. 1256 Westgate is a unique value-add opportunity in one of the best rental pockets of Los Angeles. With approximately 72% upside in rents a future investor will benefit from a well located asset and long term growth potential. LA's Westside has continued to prove to be one of the, if not the best, rental pockets in all of Los Angeles. With continued rent growth and low vacancy rates renters continue to seek out opportunities in the immediate area surrounding the subject property. With Santa Monica directly to the west, Brentwood directly to the north and Westwood just a short distance to the east, the property is strategically positioned. Area amenities include high end restaurants, bars and nightlife along with shopping and a robust office market making it a perennial economic hub in Southern California. The location and rental upside make this an opportunity to own a generational asset in one of LA's best neighborhoods.
Listed By CRMLS_CA / Peter James / Lyon Stahl Investment Real Estate, Inc.
Last checked:
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Last updated Jan 29, 2025
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MLS# 25487089 —
The Building
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Year Built:1960
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New Construction:No
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Construction Materials:Stucco
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Building Area Total:7391.00
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Total Number Of Units:10
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# of Buildings:1
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Architectural Style:Mid Century Modern
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Stories Total:2
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Faces:West
Interior
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Levels:Two
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Fireplace:No
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Fireplace:None
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Laundry:Washer Included, Dryer Included, Community
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Laundry:1
Location
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Directions:Westgate Ave south of Wilshire Blvd north of Texas Ave
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Latitude:34.04610000
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Longitude:-118.46198200
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Features:Rectangular Lot
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Lot Size Area:7204.0000
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Lot Size Acres:0.1654
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Lot Size SqFt:7204.00
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View:1
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View:City Lights
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Security Features:Smoke Detector(s), Carbon Monoxide Detector(s)
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4263007025
Heating & Cooling
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Cooling:No
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Cooling:None
Utilities
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Sewer:Other
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered, Side by Side, Parking Space
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Parking Spaces:10.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/21/25
Jan 21, 2025
|
Listed / Active | CRMLS_CA | $3,200,000 | |
7/16/24
Jul 16, 2024
|
Listed / Active | CRMLS_CA | ||
3/12/24
Mar 12, 2024
|
Price Changed | CRMLS_CA |