412 S Lake St
Los Angeles, CA 90057
The Eleanor · Multifamily Property For Sale · 41 Units

pleased to present the opportunity to acquire 412 South Lake Street or more commonly known as The Eleanor Apartments, a 41-unit multifamily community located in the heart of Westlake. 412 South Lake Street is a rare opportunity to acquire a mid-size multifamily asset in one of the most sought after submarkets in Los Angeles County. The Eleanor is a beautiful 1920’s building that has been completely renovated bringing beautiful modern touches to the units while keeping the charm and integrity of the building’s original design. The property features 21,992 square feet of gross rentable area and is composed of 34 studio/one-bathroom units and seven one-bedroom/one-bathroom units. Located just minutes from Downtown LA, Silverlake, Echo Park, and Koreatown, you will find an endless amount of options for nightlife, dining, shopping, or just exploring the beautiful and evolving areas of Los Angeles. The Eleanor Apartments are conveniently located near the Metro station with easy access to the Gold, Purple and Red lines. Freeway access to the 101 and 5 freeways are also nearby. The Eleanor Apartments is in the MacArthur Park neighborhood. MacArthur Park is the 2nd most walkable neighborhood in Los Angeles! Situated between some of Los Angeles’ most trendy and rapidly evolving areas, including Downtown, Koreatown, and Echo Park/Silver Lake, Westlake is poised to be the next major scene of revitalization. 412 South Lake Street presents an investor with the opportunity to gain a solid foothold in this emerging area which is in need of quality residential units.