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- LoopNet Team
319 N Westlake Ave
Los Angeles, CA 90026
Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- Good South Echo Park Location Just a Couple Blocks from Echo Park Lake
- The 1-Bedroom Units Featuring a Den Can Potentially Be Converted to 2-Bedroom Units
- Basement has 30’ Wide Clear Span Design, Allowing Option to Convert into More Units Once Parking Minimums are Eliminated
- Brand New 2023 Construction - Not Subject to LA Rent Control (Select Units Set Aside For Rent Restriction)
- Delivered 100% Vacant
- Option to Privatize Luxury Roof Decks for Additional Income at a Collective $12,000 Per Year
PROPERTY FACTS
| No. Units | 14 | Construction Status | Under Construction |
| Property Type | Multifamily | Building Size | 16,401 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | A | Year Built | 2026 |
| Lot Size | 0.11 AC | Parking Ratio | 0.43/1,000 SF |
| Zoning | LAR4 - Multiple Dwelling | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.11 AC |
| Construction Status | Under Construction |
| Building Size | 16,401 SF |
| Average Occupancy | 0% |
| No. Stories | 5 |
| Year Built | 2026 |
| Parking Ratio | 0.43/1,000 SF |
| Zoning | LAR4 - Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Microwave
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Views
- Den
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Elevator
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | $2,422 | - |
| 1+2 | 9 | $3,156 | - |
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