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30-Unit Apartment Building
For Sale
$3,550,000

711 S Westlake Avenue, Los Angeles, CA 90057

Fully occupied multifamily property with studio and one-bedroom residences and on-site laundry.

Property Size17,145 SF
Days on Market8

Property Features for 711 S Westlake Avenue

General Information

Standard status Active
Size 17,145 SF
Property subtype COMMERCIAL
Occupancy 100%

Additional Details

Multifamily Units 30

Taxes and HOA fees

Annual Taxes $44,648

Amenities

on-site laundry

Building Details

Building Size 17,145 SF
Year Built 1930
Listing Agency: Marcus & Millichap
Listed By: Mitchell Zurich · License #01870648
Source: Archetyperealty
Added: Aug 24 Changed: Aug 30 Last Checked: Aug 30 at 11:41PM

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

Investment Insights

Based on property information with market context.

This 30-unit apartment property in Los Angeles includes a combination of studio and one-bedroom residences. On-site laundry serves the building, which was constructed in 1930 and has a flat exterior roof profile.

The property is situated in the Westlake neighborhood, with proximity to Downtown Los Angeles and Dodger Stadium. Current occupancy is 100%, providing an established operating profile for a multifamily buyer.

Key Highlights

  • 30‑unit apartment property
  • Mix of studio and 1‑bedroom units
  • 100% occupied

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Pet Grooming Service 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

30
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

5,696
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with studio and one-bedroom residences and on-site laundry.
Where is this apartment building located?
The property is located at 711 S Westlake Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: 30‑unit apartment property; Mix of studio and 1‑bedroom units; 100% occupied
More about this property
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