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Westlake Multifamily Investment Opportunity

143 Reno Street, Los Angeles, CA 90026

For Sale
$1,929,999

Westlake property with rental upside in prime location.

Property SizeContact for details
Days on Market424

Property Features for 143 Reno Street

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood Historic Filipinotown

Amenities

Community Facility

Building Details

Year Built 1927
Listing Agency: STEVEN M. BOGOYEVAC, BROKER
Listed By: STEVEN BOGOYEVAC · License CA #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

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

3,867
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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.
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