5232 Westhaven St Los Angeles, CA 90016
Six-unit multifamily property with value-add potential in evolving neighborhood.
Lot size:
0.11 AcresProperty Features for 5232 Westhaven St
General Information
- Lot size
- 0.11 Acres
Building Details
- Year built
- 1953
Source:
Elliman
Listing Agency: CORRAL INVESTMENTS & REALTY
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Westhaven Street Multifamily Investment Opportunity
The property at 5232 Westhaven Street is a 6-unit multifamily investment opportunity. Constructed in 1953, the building contains approximately 3,984 square feet of living space on a 4,800 square foot corner lot. The unit mix consists of six one-bedroom, one-bathroom apartments. Parking is provided at the rear of the property, featuring two tandem and two individual spaces, secured by a remote-controlled gated entrance. Additional features include a pitched roof and mid-century construction. The property is located just south of West Adams Boulevard, in one of Los Angeles' evolving neighborhoods. The property currently generates approximately $54,960 in annual gross income and offers over 100% rental upside, providing a significant value-add opportunity for an investor.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.35777
- Latitude
- 34.03011
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FAQs
What type of property is this?
Apartment building - Six-unit multifamily property with value-add potential in evolving neighborhood.
Where is this apartment building located?
The property is located at 5232 Westhaven St Los Angeles, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: - Significant value-add opportunity with over 100% rental upside.; - Attractive entry point at $133,333 per unit and $200 per square foot.; - Located in a dynamic and evolving Los Angeles neighborhood, just south of West Adams Boulevard.