$2,695,000

1453 S Westgate Avenue, Los Angeles, CA 90025

  • 9 beds |
  • 9 baths |
  • 4,872 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon6,996sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $553/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

IMPROVED INCOME. UNDER 11.51 GIM and 5.57 CAP Rate in Prime West LA North of Santa Monic Blvd. We are pleased to offer for sale a timeless mid-century gem located in prime West Los Angeles. 1453 S Westgate Avenue, perfectly positioned along a tree-lined street, presents the unique opportunity to acquire a quintessential turnkey property situated in one of the strongest rental locations in Los Angeles. The property boasts an ideal unit mix for the area consisting of all large 1-bedroom units, with some units featuring outdoor patios or a separate office space. Each of the units has a terrific floor plan and offers an abundance of natural light. Many units have been designer remodeled and luxury upgraded with top of the line appliances, hardwood flooring, and updated kitchens and bathrooms. Other property features include well landscaped grounds, a pitched roof, copper plumbing, an on-site laundry facility, and ample on-site parking. All soft story seismic retrofit has been completed by ownership (Buyer to verify). Close to some of Los Angeles' best dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Listing Status:
Active
Date Added:
August 5, 2025 at 05:00AM
Listing Office:
Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:
Jonathan Taksa : 424-672-8220
MLS ID:
25574441
  • Appliances: MicrowaveOvenRefrigerator
  • Flooring: Laminate
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: AssignedParking spaces: 9
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR34263032022
  • Source: CRMLS_CL

This listing courtesy of Jonathan Taksa, Remax Commercial and Investment Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brockton Avenue Elementary

1309 Armacost Ave, Los Angeles, CA, 90025

Grades KG-5

0.19 miles away

E

Emerson Community Charter

1650 Selby Ave, Los Angeles, CA, 90024

Grades 6-8

1.59 miles away

U

University High School Charter

11800 Texas Ave, Los Angeles, CA, 90025

Grades 9-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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