816 S Westlake Avenue
Los Angeles, CA 90057
- – beds
- – baths
- – sqft
- 7,502 sqft lot
- 1990 build
- – on site
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Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to offer for sale 816 South Westlake Avenue, an 18-unit apartment community. 816 South Westlake is located south of 8th Street and east of Hoover Street, in the Westlake submarket of Los Angeles. Situated on a 7,502 square foot parcel, the property is comprised of six one-bedroom units and 12 two-bedroom units. Due to its 1990 construction, 816 South Westlake Avenue is not subject to Los Angeles City Rent Control and is subject to AB 1482 State Rent Control allowing for higher annual rental increases. The property has subterranean parking with security gated access and an elevator on-site. 816 South Westlake Avenue in close proximity to multiple venues for the 2028 Summer Olympics in Los Angeles. The property is located a short distance from venues in the "Downtown Sports Park" Including the LA Memorial Coliseum, Crypto.com Arena, BMO Stadium & more, which bode well for the long-term prospects of this neighborhood. 816 South Westlake Avenue presents investor a unique opportunity to attain a 1990's constructed asset in a dense infill Westlake location with in-place yield.
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Last updated Feb 7, 2025
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MLS# 24432381 —
The Building
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Year Built:1990
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:15068.00
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Total Number Of Units:18
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# of Buildings:1
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Stories Total:3
Interior
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Levels:Multi/Split
Location
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Directions:East of South Alvarado Street and South of West 8th Street
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Latitude:34.05370200
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Longitude:-118.27669200
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:7502.0000
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Lot Size Acres:0.1722
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Lot Size SqFt:7502.00
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Lot Size Source:Assessor
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:5142004004
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered
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Parking Spaces:19.00
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/4/25
Feb 4, 2025
|
Sold | CRMLS_CA | $4,860,000 | -5.6% |
|
11/12/24
Nov 12, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $5,150,000 | |
|
8/27/24
Aug 27, 2024
|
Listed / Active | CRMLS_CA | $5,150,000 |
