Los Angeles, CA 90057 502 S Westlake Avenue
$3,495,000
Presented By: Avi Barazani with Coldwell Banker Realty; abarazani@ymail.com
Beds • 2
Baths • 2
SQFT • 13,539
Year Built • 1922
Home Details
Investment opportunity in the heart of Los Angeles, Westlake area. 1920s Art Deco apartment building featuring 28 units- mix of 26 studio + one bath and 2 one bedroom + one bath units. Close proximity to USC, LA Live, Staples Center, Koreatown, Dodger Stadium, and public transportation.
Presented By: Avi Barazani with Coldwell Banker Realty; abarazani@ymail.com
Interior Features for 502 S Westlake Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories3
Other Rooms
Entry Level2
General for 502 S Westlake Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
CountyLos Angeles
DirectionsOn Westlake north of 6th St.
Electric Expense6492.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense13200.0
Garage Spaces0.0
Garage Y/NNo
Gross Income375684.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense53208.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCashToNewLoan
Lot Size Square Feet8611.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income101088.0
New ConstructionNo
Number Of Units Total28
Operating Expense274596.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot83
Trash Expense8976.0
Water Sewer Expense149988.0
Year Built1922
Year Built SourceAssessor
Exterior for 502 S Westlake Avenue
Building Area Total13539.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1977
Lot Size Area8611.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters28
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
Price
$3,495,000
MLS#SR25095189
List Date
05/18/2025
Property Type
Multi-Family
Phone
(310) 963-5595
