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1447 S Westgate Avenue

Los Angeles (City), CA 90025
  • $3,285,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: 21798998
$3,285,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent: Catherine Campbell of Sotheby's International Realty and Don Greene of Sotheby's International Realty


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 California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/122900741
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1447 S Westgate Avenue Los Angeles (City), CA 90025

  • Price: $3,285,000
  • Status: Active
  • On Site: 35 Days
  • ID#: 21798998
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1958
Built
Neighborhood:
WLA - West Los Angeles
County:
Los Angeles
Area:
WLA - West Los Angeles
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

Direction Faces East Number Of Separate Electric Meters 9 Parking Features Assigned Parking Total 9 Roof Composition View Courtyard View YN Yes

Interior Features

Appliances Built-InDryerWasher

Property Features

Additional Parcels YN No Association Amenities Trash Association Fee 0 Builder Name Geiger & Geiger Community Features Gated Gross Income 174 Laundry Features Common Area Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 9 Number Of Units Leased 8 Possession Close Of Escrow Property Condition Additions/Alterations Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Gated Community Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasOther Vacancy Allowance Rate 1 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Catherine Campbell of Sotheby's International Realty and Don Greene of Sotheby's International Realty