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309 S Westlake Ave , Los Angeles, CA 90057
$3,900,000
Est. Payment: $20,496.18/mo
1 Bath
17598 Sqft
0.18 Acres
Status: active | Days on site: 1
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CLW-X7045401 - CLW-X51329
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Chris Heller
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House Description

The Westlake Apartments are a well kept, well located 30 unit apartment building in a great rental area. Most of the units have been renovated and are in good condition. Most of the systems have been upgraded, or replaced, including but not limited to, counters, cabinets, roof, windows, electric, etc... The Westlake apartments offers an investor a stable income with limited capital needs. A buyer steps into a quiet, well kept building on a wide stretch of S. Westlake Ave., that offers strong curb appeal, in a great rental area with a stable income for years to come. There's an assumable first trust deed with a below market interest rate available to a qualified investor that adds to this opportunity.
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Highlights

Listed by Michael Dixon , 818-742-1617 NAI Capital, Inc. , 818-905-2400. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.18

Year Built

1924

County

Los Angeles

Area

C42 - Downtown L.A.

Listing ID

26105857

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:1
Appliances:Disposal

Exterior Features

Lot:No Land Lease
Lot Dimensions:50x155
Garage Capacity:1
Zoning:LAR4
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Off Site
Principal Interest
$20,496
Taxes
$2,486

Home Price

$3,900,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$780,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,496.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,496.18 $2,486.25 $0.00 $22,982.43
Yearly $245,954.15 $29,835.00 $0.00 $275,789.15
Total $7,378,624.44 $895,050.00 $0.00 $8,273,674.44

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Current Listings

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Average Price

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T01:31:48.000Z

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