Active
1256 S Westgate Ave
Los Angeles CA, 90025
$3,200,000
$432.96 per sqft
Active
13 Beds
11 Baths
7,391 sqft
Multi-family
Built in 1960
We are pleased to present 1256 S. Westgate Ave in a prime West Los Angeles submarket just a block south of Wilshire Blvd and adjacent to Brentwood, another premier rental pocket of LA's westside. The subject property is a 10 unit apartment building built in 1960. The building boasts an excellent unit mix including (7) 1 bed / 1 bath and (3) 2 bed / 1 bath units spread out over 7,391 square feet and sits on a 7,202 square foot LAR3 zoned lot. 1256 Westgate is a unique value-add opportunity in one of the best rental pockets of Los Angeles. With approximately 72% upside in rents a future investor will benefit from a well located asset and long term growth potential. LA's Westside has continued to prove to be one of the, if not the best, rental pockets in all of Los Angeles. With continued rent growth and low vacancy rates renters continue to seek out opportunities in the immediate area surrounding the subject property. With Santa Monica directly to the west, Brentwood directly to the north and Westwood just a short distance to the east, the property is strategically positioned. Area amenities include high end restaurants, bars and nightlife along with shopping and a robust office market making it a perennial economic hub in Southern California. The location and rental upside make this an opportunity to own a generational asset in one of LA's best neighborhoods.
25-487089
MLSⓇ ID
January 21, 2025
Listed
February 8, 2025
Updated
Map
1256 S Westgate Ave
Los Angeles CA, 90025
Interior Features
Total Stories
2
Bedrooms
13
Total Bathrooms
11
Appliances
Washer, Dryer, Range/Oven, Refrigerator
Laundry Description
Community
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Gas
Exterior/Building Features
Lot Size
0.17 Acres
Lot Features
Single Lot, Lot-Level/Flat, Lot Shape-Rectangular, Street Asphalt, Street Lighting, Alley Paved
Architectual Style
Mid-Century
Sewer
In Street
Other Property Details
Area Name
West L.A.
Days on Market
8
Garage
No
Parking
Covered Parking, Side By Side, Parking Space
Parking Total
10
View
Yes
View Description
City
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Waterfront Features
None
Zoning
LAR3
Listed by Peter James with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 310-467-7581
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ramey Ward | CA DRE# 01456908 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 2/8/2025