5232 Westhaven ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,984 sqft
Price per Sqft $200
MLS Listing ID 25597001
Bedrooms 6
Year Built 1953
Lot Size 4,800 Sqft
Property Description
5232 Westhaven Street a well-located 6-unit multifamily investment opportunity positioned just south of West Adams Boulevard, one of Los Angeles' most dynamic and evolving neighborhoods. Built in 1953, the property encompasses approximately 3,984 square feet of living space on a 4,800 square foot corner lot. The building features a balanced unit mix of six (6) one-bedroom, one-bathroom apartments. Parking is provided at the rear of the property, consisting of two (2) tandem and two (2) individual spaces, secured by a remote-controlled gated entrance. Additional features include a pitched roof and classic mid-century construction. The property currently generates approximately $54,960 in annual gross income and offers over 100% rental upside, providing a significant value-add opportunity for an investor. At the current asking basis of $133,333 per unit and just $200 per square foot, this asset presents an attractive entry point into one of Los Angeles' most desirable submarkets.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry None
Exterior
Parking Features Assigned,Garage,Tandem,Uncovered
Pool None
View Y/N Yes
View City Lights
Roof Type Composition,Shingle
Building
Story 2
Sewer Other
New Construction No
Others
Special Listing Condition Standard