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14-Unit Apartment Building
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319 N Westlake Ave, Los Angeles, CA 90026

Brand-new mid-rise housing with varied one-bedroom layouts, bonus dens, penthouses, parking, and rentable rooftop decks.

Property SizeContact for details
Days on Market145

Property Features for 319 N Westlake Ave

General Information

Standard status Active
Total Parking Spaces 7
Property subtype Multifamily

Units

Unit Mix 4 x 1BR/1BA, 1 x 1BR/1BA, 7 x 1BR/1.5BA with den, 2 x 1BR/2BA with den
Multifamily Units 14
Parking per Unit 0.5

Amenities

private rooftop decks

Building Details

Year Built 2023
Buildings 1
Listing Agency: Marcus & Millichap - Encino
Listed By: Jason Tuvia · License #CA 01772495
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:20AM

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 Marcus & Millichap - Encino

Investment Insights

Based on property information with market context.

Completed in 2023, this five-story mid-rise apartment property contains 14 one-bedroom residences with a range of bathroom configurations and select bonus dens. The unit mix includes four one-bedroom, one-bath affordable units, one market-rate one-bedroom, one-bath unit, seven market-rate one-bedroom, one-and-a-half-bath units with dens, and two market-rate one-bedroom, two-bath units with dens. Three residences are penthouses on the fifth floor, and select den layouts may be converted to two-bedroom units. Upper-level residences capture views toward Echo Park Lake, Downtown Los Angeles, and Hollywood. The property provides seven parking spaces, equal to 0.5 spaces per unit, along with private rooftop decks that may generate additional rental income.

The property occupies a South Echo Park location at the intersection of N Westlake Avenue and N Mountain View Avenue, south of Temple Street and east of Alvarado Street. Echo Park Lake is a couple blocks away, with tennis courts closer to the building. Retail, restaurants, and entertainment along W Temple Street and Glendale Boulevard are within immediate walking distance, including Target, Bloom & Plume Coffee, Tribal Cafe, Clark Street Echo Park, Laveta, and 1642 Bar.

Key Highlights

  • 14‑unit apartment building completed in 2023
  • Unit mix includes four affordable and 10 market‑rate one‑bedroom residences
  • Three penthouses are located on the fifth floor

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Tech Support Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store 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

14
Residential units

Location Intelligence

Trade Area within ½ mile

2,961
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 - Brand-new mid-rise housing with varied one-bedroom layouts, bonus dens, penthouses, parking, and rentable rooftop decks.
Where is this apartment building located?
The property is located at 319 N Westlake Ave Los Angeles, CA.
What are key features of this property?
This property features: 14‑unit apartment building completed in 2023; Unit mix includes four affordable and 10 market‑rate one‑bedroom residences; Three penthouses are located on the fifth floor
(818) 212-2700 Call to check price and availability
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