This eight unit apartment building has several recent upgrades that include the following: The plumbing has been upgraded to improve the waste lines on a majority of the units. There is a new water heater and two new wall heating units. Also available is a large attic space that is currently vacant and not a part of the rent roll. The 1 bedroom unit (#7) has its own balcony. The rear building has 4 bedrooms and two baths and is separately metered for gas and electricity. The front building is mastered metered for gas and electricity. The Los Angeles County Assessor shows the property as 5 legal units. The Westlake area of Los Angeles is a residential and commercial neighborhood located in Central Los Angeles flanked by Silver Lake to the north, Echo Park to the northeast, Downtown to the southeast and Pico-Union to the southwest, and Koreatown to the west. It was developed mainly in the 1920?s, but many of its elegant mansions have been turned into apartments, and many new multifamily buildings have been constructed due to high housing demand. Westlake is a high-density area with approximately 174,500 and renters.
Off market
$1,204,751
508 S Union Ave, Los Angeles, CA 90017
2beds
1baths
1,424sqft
Apartment
Built in 1899
-- sqft lot
$-- Zestimate®
$846/sqft
$1,527 Estimated rent