Two-Unit Multifamily
For Sale
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503 & 505 Poinciana Lane, Westlake, LA 70669
Two older mobile homes occupy a corner parcel with separate access, open yard areas, and room for parking.
Property Size2,276 SF
Price / SF$35.11
Days on Market69
Property Features for 503 & 505 Poinciana Lane
General Information
Standard status
Active
Size
2,276 SF
Property subtype
Multifamily, Land
Zoning
r2
Net Operating Income
$1,600
Building Details
Year Built
1985
Buildings
2
Listing Agency:
Coldwell Banker Commercial Ingle Safari Realty
Listed By:
Robbie Ingle · License #0912122392
Source:
Crexi
Added: Aug 12
Changed: Oct 9
Last Checked: Oct 19 at 7:29AM
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 Coldwell Banker Commercial Ingle Safari Realty
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Investment Insights
Based on property information with market context.
This multifamily property includes two older single-wide mobile homes, one at 503 Poinciana Lane and the other at 505 Poinciana Lane. The residences occupy opposite portions of a single parcel and require updating. The property record lists 2,276 square feet and a 1985 year built. R2 zoning is also identified.
The approximately 0.74-acre corner parcel has frontage along two public streets and multiple access points. Mature shade trees, open areas between the homes, and space for parking or outdoor use contribute to the existing site layout. Two separate residences are already in place, while any renovation, replacement, or redevelopment would remain subject to applicable zoning, permitting, and restrictions.
The approximately 0.74-acre corner parcel has frontage along two public streets and multiple access points. Mature shade trees, open areas between the homes, and space for parking or outdoor use contribute to the existing site layout. Two separate residences are already in place, while any renovation, replacement, or redevelopment would remain subject to applicable zoning, permitting, and restrictions.
Key Highlights
- Approximately 0.74‑acre parcel with two existing single‑wide mobile homes
- 503 and 505 Poinciana Lane included on one parcel
- Corner setting with frontage along two public streets
Property Analytics
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Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
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Business Placement
Demographics for 70669, LA
9,830
Population
4,425
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
29.2 sq mi
ZIP Area
337
Density / Sq Mi
$68,416
Median Household Income
$43,514
Median Earnings
$1,026
Median Rent
$160,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two older mobile homes occupy a corner parcel with separate access, open yard areas, and room for parking.
Where is this multifamily property located?
The property is located at 503 & 505 Poinciana Lane Westlake, LA.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Approximately 0.74‑acre parcel with two existing single‑wide mobile homes; 503 and 505 Poinciana Lane included on one parcel; Corner setting with frontage along two public streets
