1547 S Westgate, Los Angeles, CA 90025

$2,099,000

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List Price
$2,099,000
Price Change
▼ $100,000 1778705217
Status
ACTIVE UNDER CONTRACT
MLS#
NP26074955
Year Built
1955
Lot Size
6,976
Acres
0.16
Lot Location
0-1 Unit/Acre
Days on Market
98
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Rare opportunity to acquire a West Los Angeles four plex offering immediate rental income today and the flexibility to become your future home. Exceptional opportunity for both investors and future owner-users in the highly desirable Sawtelle neighborhood, offering the ideal combination of cash flow, long-term appreciation, and future occupancy potential. The property features a spacious detached front home with 3 bedrooms, 1¾ bathrooms, central air conditioning, in-unit laundry, a private two-car garage, and two additional driveway parking spaces. The three rear units include one 1-bedroom/1-bath unit, one recently updated 2-bedroom/1-bath unit, and one 2-bedroom/1¾-bath unit. Rear units offer dedicated parking for each room, shared on-site laundry, and have supported strong long-term tenancy. Ideally located near UCLA, Santa Monica, Brentwood, major employment centers, shopping, dining, and public transportation, the property enjoys strong rental demand and exceptional long-term appreciation potential. The property has been well maintained with a newer roof and offers additional value-add potential through future interior improvements and rental increases. Situated on a 6,999-square-foot LAR3-zoned lot with approximately 3,588 square feet of improvements, the property also offers future development potential (Buyer to verify). A rare opportunity to own a versatile West Los Angeles income property with immediate cash flow, future owner-user flexibility, and long-term investment upside in one of the city's most sought-after neighborhoods. Please do not disturb tenants. Drive-by only. Interior inspections subject to accepted offer and proof of funds. Matteport tours are available for each unit.

Additional Information

Pool Description
None
Heat
Central, Space Heater
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
9
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$163,200
Operating Expense
30000

Listing courtesy of Listing Agent: Kim Cohen (Kim.cohen@elliman.com) from Listing Office: Douglas Elliman Of California.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.