1256 S Westgate Avenue, Los Angeles, CA 90025 - Berkshire Hathaway HomeServices California Properties
1256 S Westgate Avenue Los Angeles, CA 90025
$2,950,000 13 beds, 11 baths
7, 391 sqft

Agent Remarks

PRICE ADJUSTMENT!! 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25487089
List price is $2,950,000 Reduced by $250,000 on 3/31/2025
Beds: 13
Baths: 11
None fireplaces
Built in 1960
7,391 sqft
2 stories
0.17 acres
Lot size: 0.1654
County: Los Angeles
Property style: Mid-Century Modern
Zoning: LAR3
Construction: Stucco
Appliances: Refrigerator,Dryer,Washer
Parking description: Covered,One Space,Side By Side
Lot description: Rectangular Lot
Heating/cooling: None
MLS area: WLA - West Los Angeles

Last Updated: 4/3/2025

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This listing belongs to the WLA - West Los Angeles MLS area

The style of this listing is Mid-Century Modern.
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Lat/Long: 34.046100, -118.461982.
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Listing Agent: Peter James
Co Listing Agent: William James
Lic#: 01234982
Office Name: Mission Viejo

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