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Five-Unit Apartment Development
For Sale
Contact for pricing
Pending

120 N Westlake Ave, Los Angeles, CA 90026

RTI-ready multifamily project with furnished units and an operating short-term rental.

Property SizeContact for details
Days on Market144

Property Features for 120 N Westlake Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 2 x 6bed-5bath, 2 x 5bed-4bath, 1 x ADU 3bed-3bath
Multifamily Units 5
Parking per Unit 2

Additional Details

Asking Price $1,599,000
Listing Agency: Sync Brokerage
Listed By: Rana Khanjani, MBA · License #02021891
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 4:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sync Brokerage

Investment Insights

Based on property information with market context.

This five-unit apartment project is presented as RTI ready and includes a planned mix of two six-bedroom, five-bath units; two five-bedroom, four-bath units; and one three-bedroom, three-bath ADU. Each unit is planned with two parking spaces. The property currently includes two furnished units, with an operating Airbnb rental in place before construction begins.

Located at 120 N Westlake Ave in Los Angeles, CA 90026, the offering includes plans and permits available upon request. The configuration combines substantial residential unit sizes, an ADU, and dedicated parking within a single multifamily development.

Key Highlights

  • Five‑unit apartment project presented as RTI ready
  • Planned mix includes two 6‑bedroom, 5‑bath units and two 5‑bedroom, 4‑bath units
  • Includes a 3‑bedroom, 3‑bath ADU

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service HVAC Service Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

3,203
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - RTI-ready multifamily project with furnished units and an operating short-term rental.
Where is this apartment building located?
The property is located at 120 N Westlake Ave Los Angeles, CA.
What are key features of this property?
This property features: Five‑unit apartment project presented as RTI ready; Planned mix includes two 6‑bedroom, 5‑bath units and two 5‑bedroom, 4‑bath units; Includes a 3‑bedroom, 3‑bath ADU
More about this property
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