Active

1256 S Westgate Avenue

Los Angeles CA, 90025

$3,200,000


$432.96 per sqft

Active

13 Beds

11 Baths

7,391 sqft

Residential

Built in 1960

Listed by Peter James with Lyon Stahl Investment Real Estate, Inc. 310-467-7581

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.

25487089

MLS ID

January 21, 2025

Listed

January 22, 2025

Updated

Map

1256 S Westgate Avenue
Los Angeles CA, 90025

Interior Features

Total Stories

2


Bedrooms

13


Total Bathrooms

11


Appliances

Refrigerator, Dryer, Washer


Laundry Description

Common Area


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Rectangular Lot


Architectual Style

Mid-Century Modern


Sewer

Other

Other Property Details

Area Name

WLA - West Los Angeles


Garage

No


Parking

Covered, One Space, Side By Side


Parking Total

10


View

Yes


View Description

City Lights


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR3

Listing Contact: 310-425-9838 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/22/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 1/22/2025 at 12:12 AM UTC

 

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