Description
Prime Westlake Multi-Family Asset - Turnkey Triplex with Value-Add Potential Exceptional investment opportunity located at 2006 W 12th Street in the high-demand Westlake area of Los Angeles, presenting a strategic addition to any real estate portfolio. Positioned just minutes from Downtown Los Angeles (DTLA), the property offers unprecedented proximity to premier regional hubs, including The Vermont Shopping Center, the Los Angeles Memorial Sports Arena, the historic Bradbury Building, and the world-renowned Walt Disney Concert Hall. This high-visibility location ensures consistent tenant demand, facilitated by immediate access to the 110 Freeway and essential local infrastructure like the municipal fire and police departments. This property is composed of two buildings. A two-story building in the front and a single-story unit in the back. Units are in normal condition with a six-car parking area. Unit 1 (2006 A) has 749 sq ft living space with laminated flooring, 1 bedroom, and part of the living space has been used as another bedroom, 1 bathroom remodeled with a walk-in shower, kitchen was remodeled with a granite countertop, and new refreshed cabinets. Unit 2 (2006B) is located on the 2nd level with access from the front and back of the property, 749 sq ft living space, 1 bedroom, 1 bathroom, kitchen, and laundry room. Unit 3 ( 2006 1/2 ) is located in the rear with 668 sq ft living space, 2 bedrooms, 1 bathroom, a kitchen, and a living room with laminated flooring. The property was painted, new roof, new gutters, new water heaters, and copper plumbing added years ago; it was built in 1920, with a total of 2166 sq ft living space, 6083 sq ft lot, RD1.5-HPOZ zoning, and APN 5136-023-003.
Details
| MLS # | GD26175991 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 61 |
| Listing Provided By | Prospect 4 Realty | Ramiro Hernandez |
Features
| SQ Feet | 2,166 |
|---|---|
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | RD1.5-1-HPOZ |
| Acreage | 0.14 |
| Property View | None |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Window Features | Wood Frames |
| Appliances | Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Shingle |
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Wood Siding |
| Foundation Details | Raised |
| Lot Features | Front Yard, Level, Rectangular Lot |
| Fencing | Average Condition, Cross Fenced |
Parking
| Parking Features | Assigned, Driveway |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Electricity On Property |
| Sewer | Public Sewer |
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90006) | |
Price: $800,000 low | high Med: $1,495,000 sqft: 2,166 low | high Med: 3,626 $ / sqft: $369 low | high Med: $412 On site: 61 low | high Med: 400 | |
Market Activity 90006
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90006) | |
Price: $800,000 low | high Med: $1,495,000 sqft: 2,166 low | high Med: 3,626 $ / sqft: $369 low | high Med: $412 On site: 61 low | high Med: 400 | |
