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313 N Westlake Ave, Los Angeles, CA 90026
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313 N Westlake Ave Los Angeles, CA 90026

$999,000
  • 4 Beds
  • 4 Baths
  • 1,428 Sq.Ft.
For Sale
$999,000 Get Pre-Qualified
Map preview of 313 N Westlake Ave, Los Angeles, CA 90026

Property Overview: 313 N Westlake Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,428 living square feet and 2,640 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Seller offering substantial RATE BUYDOWN to the buyer of this income-generating duplex in trendy HiFi. This is the perfect opportunity to begin your wealth-building journey within the LA real estate market! Live in one unit and rent out the other for passive income. Property consists of two units: unit one has two bedrooms and two baths, unit two has one bedroom one bath. Option for unit two to be delivered vacant. Both units are gated, have an open floor plan, laminate floors throughout, quartz counter tops, laundry in unit, AC/Heat and spacious patios. Ideally located close to Silverlake, Echo Park and Downtown LA.

Listed by Megan Wilson | BRE #02020821 | Compass
Co-listed by Joanna Suhl | BRE #01935804 | Compass
Last checked: 11 minutes ago | Last updated: April 10th, 2024 | Source CRMLS | DOM: 65
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Home details

Lot Sq. Ft
2,640
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24360979
City
Los Angeles
County
Los Angeles
Time on Site
69 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,395
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,195
  • Total Rent: $2,195
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 313 N Westlake Ave

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Property Details for 313 N Westlake Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Gas, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Levels: One
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 2
  • Parcel Number: 5157025032
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: Google maps.
View more facts & features

Local Los Angeles Agent

Sale History for 313 N Westlake Ave

Last sold for $585,000 on December 24th, 2015

  • February, 2024

  • Feb 21, 2024

    Date

    Active

    CRMLS: 24360979

    $1,049,000

    Price

  • December, 2015

  • Dec 24, 2015

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

  • April, 2014

  • Apr 29, 2014

    Date

    Sold (Public Records)

    Public Records

    $280,000

    Price

Show More

Tax History for 313 N Westlake Ave

Assessed Value (2020): $633,222
Year Land Value Improved Value Assessed Value
2020 $541,216 $92,006 $633,222

Home Value Compared to the Market

This property vs the competition

313 N Westlake Ave is listed 18.45% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $699.58 per/sqft which puts the price per square foot 9.62% lower than the median price per square foot for the city of Los Angeles.

About 313 N Westlake Ave

Detailed summary of property

313 N Westlake Ave is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 1,428 living square feet, and sits on an approximately 2,640 square foot lot. 313 N Westlake Ave was first listed on ArdentRealEstateGroup.com on February 22, 2024. The homeowner is currently asking $999,000 and was originally asking $1,049,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 18.45% lower than the median priced home. Local competing homes currently for sale include 406 N Rampart Blvd, 1137 S Union Ave and 1835 W 12th St. While the average home in Los Angeles, CA is selling in 96 days, 313 N Westlake Ave has a days on market of 65 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 313 N Westlake Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 313 N Westlake Ave

Public county record property details
Beds
3
Baths
3
Year built
1913
Sq. Ft.
1,428
Lot Size
2,639
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4-6
APN
5157-025-032

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
55
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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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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