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200 S Westlake Ave, Los Angeles, CA 90057
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200 S Westlake Ave Los Angeles, CA 90057

$2,020,000 Sold Price as of 06/02/2022
  • 12 Beds
  • 12 Baths
  • 8,740 Sq.Ft.
Sold
$2,020,000 Sold Price as of 06/02/2022 Refinance Your Mortgage
Map preview of 200 S Westlake Ave, Los Angeles, CA 90057

Property Overview: 200 S Westlake Ave Los Angeles, CA has 12 bedrooms, 12 bathrooms, 8,740 living square feet and 9,283 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present this twelve (12) unit apartment building located in a Westlake community a short distance from St. Vicient Hospital and downtown. This 8,740 SF, two story, all one bedroom, one bath building offers a great opportunity to acquire a value add investment opportunity for a portfolio investor. The building is situated on a 9,283SF R3-1, TOC 1 zoned lot in a state enterprise zone. The tenants have a wide range of amenities; restaurants, retail, medical and recreation located close by. The property's central location has ease access to the 101, 110 and 10 freeways. The property is sold in its As-Is, Where-Is condition

Listed by D. Timothy Byrne | BRE #01186465 | Compass
Last checked: 5 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
9,283
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22149361
City
Los Angeles
County
Los Angeles
Time on Site
759 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $941
  • Total Rent: $3,767
  • Pro Forma/Market Rent: $6,200
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $930
  • Total Rent: $1,860
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $825
  • Total Rent: $850
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $802
  • Total Rent: $4,013
  • Pro Forma/Market Rent: $7,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.95%
  • Gross Rent Multiplier: 16.7
  • Gross Scheduled Income: --
  • Net Operating Income: $61,901
  • Gross Operating Income: $125,612
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 200 S Westlake Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Uncovered
Property Information
  • No View
  • View: None
  • Total # of Units: 12
  • Parcel Number: 5154003004
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Alvarado Street, North of W 3rd Street
View more facts & features

Local Los Angeles Agent

Sale History for 200 S Westlake Ave

Last sold for $2,020,000 on June 2nd, 2022

  • June, 2022

  • Jun 2, 2022

    Date

    Sold

    CRMLS: 22149361

    $2,020,000

    Price

  • Apr 18, 2022

    Date

    Active

    CRMLS: 22149361

    $2,095,000

    Price

  • January, 2007

  • Jan 8, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 200 S Westlake Ave

Assessed Value (2020): $646,402
Year Land Value Improved Value Assessed Value
2020 $163,867 $482,535 $646,402

Home Value Compared to the Market

This property vs the competition

200 S Westlake Ave sold on June 2, 2022 for 76.05% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $239.7 per/sqft which puts the price per square foot 68.25% lower than the current median sale per square foot for the city of Los Angeles.

About 200 S Westlake Ave

Detailed summary of property

200 S Westlake Ave is a multi family that recently sold in Los Angeles, CA 90057. This multi family property offered 12 bedrooms, 12 bathrooms, roughly 8,740 living square feet, and sits on an approximately 9,283 square foot lot. 200 S Westlake Ave was first listed on ArdentRealEstateGroup.com on April 23, 2022. The homeowner sold the property for $2,020,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 76.05% higher than the current median priced home. Local homes that are currently for sale include 1445 Calumet Ave, 1120 Logan St and 857 N La Fayette Park Pl. While the average home in Los Angeles, CA is selling in 92 days, 200 S Westlake Ave has a days on market of 24 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 200 S Westlake Ave Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 200 S Westlake Ave

Public county record property details
Beds
12
Baths
12
Year built
1951
Sq. Ft.
8,740
Lot Size
9,283
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
10,11
APN
5154-003-004

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$365,000
Median Sold Price/Sq.Ft.
$773
Total Inventory
12
Median Sale to List Price %
104.58%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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