Well-located 12-unit apartment building in the heart of Westlake, directly across from LAPD Newton Division headquarters, which brings a real sense of stability and safety presence to the block. The property is fully occupied and currently produces steady rental income, making it suitable for an owner who wants cash flow… Read More from day one. Over time, rents have room to grow as units turn, and the underlying land sits in an area the City is actively encouraging more housing. It’s uncommon to find a Westlake property directly across from a police station with this level of zoning flexibility already in place. Opportunities with this combination of location, stability, and future potential don’t come up often — and when they do, they tend to move quickly. Read Less
Property listed by Golden Compass Realty, Inc, Robert Chou 310-259-7556
Listing Snapshot
Days Online
22
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1954
MLS Number
OC26040247
Additional Details
Building
Built in 1954, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: side of building.
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.
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