$6,395,000 717 S Westlake Avenue Los Angeles, CA

MLS: 19476438   Type: Income   County: Los Angeles   City: Los Angeles   Area: Downtown L.a.   Zip: 90057     Stories: 3

Mortgage $30,023 /mo



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717 South Westlake Avenue is a 40-unit apartment building located in the redeveloping and quickly gentrifying location of Westlake, just west of downtown Los Angeles. The property is steps away from Wilshire Boulevard, Alvarado Street, MacArthur Park, and the metro station. Constructed in 1924, the three-story building was constructed of reinforced brick and is situated on a street to alley lot.The property has a unit mix featuring 33 studios with a bathroom and a kitchen, as well as seven units that are one-bedroom, one-bathroom with a kitchen. The certificate of occupancy from 1923 states that the property contains 36 units, and another was issued in 1987 stating that a portion of the basement was converted to three light housekeeping units and one efficiency dwelling unit. The property is individually metered for gas and the current owner has made upgrades to several of the units.The property has a walk score of 96 which is incredibly high and is defined as "Walker's Paradis

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Price History

6/10/2019 Listed $6,395,000

Assessments None
Directions Situated on South Westlake Avenue between 7th Street & West 8th Street.
Listagentaor Out of Area Board
Listing Agent Brent Sprenkle - BRE#01290116
Listing Agent State License 01290116
MLS Area C42 - Downtown L.A.
Price Per Square Foot 345.49
Source System CRMLS
Special Listing Conditions Standard
Total Units 40
Zoning LAR4

Interior Features

Appliances Refrigerator
Appliances Y/N Yes
Total Stories 3

Exterior Features

Building Area Total 18510.00
Lot Features Sprinklers None
Lot Size Acres 0.1722
Lot Size Area 7501.0000
Lot Size Square Feet 7501.00
Lot Size Units Square Feet
Number of Buildings 1

Property Schools

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Property vs Zip Code Avg (90057)

Price 6.39M Avg 4.61M

Sqr Feet 18,510 Avg 13,167

Cost / Sqr Ft $345 Avg $350

Acres 0.1722 Avg 0.18

Visits 44 Avg 12

Days on Site 135 Avg 100

Walkscore® 98 Avg 90

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Brent Sprenkle with Berkadia.

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Location & Address

Howard Perry
3626 Long Beach Blvd.
Long Beach, CA