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1447 S Westgate Ave

Los Angeles, CA 90025
  • $3,285,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 21-798998
UPDATED: 28 min ago
$3,285,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,414
    SQFT
  • $607
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:
Area:

School Ratings & Info

Description

Never before on the market! Designed and built by celebrated architect John Geiger apprentice to Frank Lloyd Wright. A rare opportunity to own this beautiful architecturally designed value-add apartment asset with the potential for significant upside in rents: Walk-through designer gates along a tropical pathway that leads to separate entrances for each unit. Each unit has either its own balcony or fenced patio, creating privacy in a community setting. Located half a block from Santa Monica Blvd, in a recently upgraded neighborhood directly across from the Collins & Katz Family YMCA, walking distance to the New Target store, multiple amazing restaurants, many retail, leisure, and entertainment options, your tenants will love living here. This desirable unit mix consists of (6) one-bedroom/ one-bathroom, (2) studio units, and 1 large two-bedroom/ two-bathroom. In the past several years the neighborhood has had large growth with major investment in the surrounding neighborhoods. Location is rated as a "walker's Paradise" with a walk score of 93+. This is a unique opportunity to own a coveted apartment building, a tenant's paradise.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-07T12:42:58.407. 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.
www.deserthouseseekers.com/homes/122899503
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1447 S Westgate Ave Los Angeles, CA 90025

  • Price: $3,285,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 28 min ago
  • MLS #: 21-798998
8
Beds
0
Baths
0
½ Baths
0.16
Acres
5,414
SQFT
$607
$/SQFT
1958
Built
Neighborhood:
West L.A.
County:
Los Angeles
Area:
West L.A.
Property Description
Never before on the market! Designed and built by celebrated architect John Geiger apprentice to Frank Lloyd Wright. A rare opportunity to own this beautiful architecturally designed value-add apartment asset with the potential for significant upside in rents: Walk-through designer gates along a tropical pathway that leads to separate entrances for each unit. Each unit has either its own balcony or fenced patio, creating privacy in a community setting. Located half a block from Santa Monica Blvd, in a recently upgraded neighborhood directly across from the Collins & Katz Family YMCA, walking distance to the New Target store, multiple amazing restaurants, many retail, leisure, and entertainment options, your tenants will love living here. This desirable unit mix consists of (6) one-bedroom/ one-bathroom, (2) studio units, and 1 large two-bedroom/ two-bathroom. In the past several years the neighborhood has had large growth with major investment in the surrounding neighborhoods. Location is rated as a "walker's Paradise" with a walk score of 93+. This is a unique opportunity to own a coveted apartment building, a tenant's paradise.
Exterior Features

Covered Parking 6 Cross Streets Santa Monica Direction Faces East Levels Multi/Split Lot Description Gated Community Lot Location Alley AccessVaried Lot Size Area 6995 Other Structures None Parking Garage Assigned Patio Features EnclosedPorch Paved YN Yes Roof Composition Style Architectural Total Parking 9 View Description CourtyardOther View YN Yes

Interior Features

Baths Total 10.00 Common Walls Attached Cooking Appliances Built-Ins Cooling Other Equipment WasherDryer Heating Wall Gas Laundry CommunityLaundry Area Laundry Equipment Lease Water Heater Features Central Water HeaterGas

Property Features

Alley YN Yes Assessed Total Value 1640058 Association Fees Include Water And Sewer PaidTrash Association Pet Rules CallPets Permitted Builders Name Geiger & Geiger Complex Name Geiger & Geiger Gross Income 174 Gross Operating Income 174000 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 9 Owner Pays WaterOther Property Condition Additions/Alter Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)CommunityGated Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityCable TvGasOther Total Annual Expense 0 Type Of Units Unit Mix Water DistrictWater District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Catherine Campbell DRE#01164030 of Sotheby's International Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-07T12:42:58.407. 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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