1111 S. Westlake Ave, Los Angeles, CA 90006

Only $263.77/Sq.Ft!! 1111 Westlake is a carefully preserved Craftsman-style and Victorian Style-architectures of 5 units located in the Historic Pico-Union District. This securely gated charmer consists of 4 great-sized 1 bedrooms on the front Craftsman-style 4 unit structure and a detached 2 Bedroom 2 Bath Victorian-style home in the back. The front 4 unit has recently undergone complete renovation on 1 of the units with stainless steel appliances, new white shaker kitchen cabinets, wood-style flooring, window AC units, new paint, porcelain tiled bathroom, and much more. Centrally located with easy access to the 10 & 110 Freeways for the commute from DTLA to West LA, and surrounded with major grocery markets, restaurants, shops, bars, and hotels in vibrant Koreatown neighborhood. Featuring appx 4.5% CURRENT CAP Rate with strong upside potential, separately metered for Power and Gas, 1111 Westlake is an amazing chance to acquire this solid, well-maintained and stable asset as a 1031 exchange or long-term hold.