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Westlake Multifamily Investment Opportunity
For Sale
$1,929,999

143 Reno Street, Los Angeles, CA 90026

Westlake property with rental upside in prime location.

Property SizeContact for details
Days on Market333

Property Features for 143 Reno Street

General Information

Standard status Active
Property subtype Commercial

Amenities

Community Facility

Building Details

Year Built 1927
Listing Agency: STEVEN M. BOGOYEVAC, BROKER
Listed By: STEVEN BOGOYEVAC · License #01332755
Source: Corcoran
Added: Sep 12, 2025 Changed: Aug 8 Last Checked: Apr 5 at 8:28PM

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 STEVEN M. BOGOYEVAC, BROKER

Investment Insights

Based on property information with market context.

Located in the Westlake neighborhood of Los Angeles, 143 North Reno Street presents an opportunity to reposition a well-maintained asset. The property, under the same ownership for 25 years, offers potential for rental upside. Constructed in 1927, the Spanish-style building comprises 13 studio units and three one-bedroom/one-bath units. On-site laundry facilities are available. The property's location provides convenient access to entertainment, dining, retail options, the 101 Freeway, and Downtown Los Angeles.

Key Highlights

  • 44% rental upside potential.
  • Well‑maintained, Spanish‑style building.
  • Prime Westlake location.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Garden Center Catering Service Pet Store & Service

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

Location Intelligence

Trade Area within ½ mile

1,931
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Westlake property with rental upside in prime location.
Where is this apartment building located?
The property is located at 143 Reno Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,929,999.
What are key features of this property?
This property features: 44% rental upside potential.; Well‑maintained, Spanish‑style building.; Prime Westlake location.
More about this property
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