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30-Unit Apartment Building

309 S Westlake Ave, Los Angeles, CA 90057

For Sale
$3,900,000

Most residences have been updated, with improvements also made to major building systems.

Property Size17,598 SF
Days on Market8

Property Features for 309 S Westlake Ave

General Information

Standard status Active
Size 17,598 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Westlake

Additional Details

Multifamily Units 30

Building Details

Building Size 17,598 SF
Year Built 1924
Listing Agency: NAI Capital, Inc.
Listed By: Michael Dixon · License #01004121
Source: Milsteinestates
Added: Nov 1 Changed: Nov 7 Last Checked: Nov 6 at 6:02PM

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 NAI Capital, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 30-unit apartment property was built in 1924. Most apartments have been renovated and are described as being in good condition. Improvements to the property include work on building systems and components such as the roof, windows, electrical, cabinets, and counters.

Key Highlights

  • 30‑unit apartment building
  • Built in 1924
  • Most apartments have been renovated

Property Analytics

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

Lease Details

30
Residential units

Location Intelligence

Trade Area within ½ mile

4,546
Businesses Nearby

Demographics for 90057, CA

45,510
Population
17,912
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
58%
High-School Grad
0.9 sq mi
ZIP Area
50,567
Density / Sq Mi
$44,876
Median Household Income
$30,849
Median Earnings
$1,395
Median Rent
$694,500
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 - Most residences have been updated, with improvements also made to major building systems.
Where is this apartment building located?
The property is located at 309 S Westlake Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 30‑unit apartment building; Built in 1924; Most apartments have been renovated
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