1256 S Westgate Ave, Los Angeles, CA 90025
FOR SALE

1256 S Westgate Ave
Los Angeles, CA 90025

Sawtelle
  • 13 Beds
  • 11 Baths
  • 7,391 sqft
  • 13 Beds
  • 11 Baths
  • 7,391 sqft

$3,300,000

Original price: $3,600,000
Est. Mortgage $20,989/mo*
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Local Information

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Commute Destination

Description

We are pleased to present 1256 S. Westgate Ave in a prime West Los Angeles submarket just a block south of Wilshire Blvd and adjacent to Brentwood, another premier rental pocket of LA's westside. The subject property is a 10 unit apartment building built in 1960. The building boasts an excellent unit mix including (7) 1 bed / 1 bath and (3) 2 bed / 1 bath units spread out over 7,391 square feet and sits on a 7,202 square foot LAR3 zoned lot. 1256 Westgate is a unique value-add opportunity in one of the best rental pockets of Los Angeles. With approximately 72% upside in rents a future investor will benefit from a well located asset and long term growth potential. LA's Westside has continued to prove to be one of the, if not the best, rental pockets in all of Los Angeles. With continued rent growth and low vacancy rates renters continue to seek out opportunities in the immediate area surrounding the subject property. With Santa Monica directly to the west, Brentwood directly to the north and Westwood just a short distance to the east, the property is strategically positioned. Area amenities include high end restaurants, bars and nightlife along with shopping and a robust office market making it a perennial economic hub in Southern California. The location and rental upside make this an opportunity to own a generational asset in one of LA's best neighborhoods.

Home Highlights

Parking
10 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$446
Listed
94 days ago

Home Details for 1256 S Westgate Ave

Interior Features

Beds & Baths
Number of Bedrooms: 13Number of Bathrooms: 11
Dimensions and Layout
Living Area: 7391 Square Feet
Appliances & Utilities
Appliances: Washer, Dryer, Range/Oven, Refrigerator, Central Water Heater, Gas Water HeaterDryerLaundry: Common AreaRefrigeratorWasher
Heating & Cooling
Heating: Wall GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Gas
Fireplace & Spa
Fireplace: NoneSpa: NoneNo Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
View
Has a ViewView: City
Security
Security: Smoke Detector(s), Carbon Monoxide Detector(s), Security Lights

Exterior Features

Exterior Home Features
Other Structures: NoneExterior: Balcony
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 10Parking: Covered,Side By Side,Parking Space
Pool
Pool: None
Frontage
Waterfront: NoneRoad Frontage: AlleyRoad Surface Type: Asphalt, Alley PavedNot on Waterfront
Water & Sewer
Sewer: In Street

Days on Market

Days on Market: 94

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Mid-Century
Building
Construction Materials: StuccoNo Additional Parcels

Price & Status

Price
List Price: $3,300,000Price Per Sqft: $446

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: 24-351003

Building

Building Area
Building Area: 7391 Square Feet

Lot Information

Lot Area: 7204.824 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Gas, Electricity

Rental

Owner Pays: Grounds Care, WaterHas Rent Control

Miscellaneous

Mls Number: 24-351003
Last check for updates: about 20 hours ago
Listing courtesy of Peter James DRE # 01748556, (310) 467-7581
Lyon Stahl Investment Real Estate, Inc., (310) 425-9838
William James DRE # 01734419, (310) 425-9838
Lyon Stahl Investment Real Estate, Inc., (310) 425-9838
Source: CLAW, MLS#24-351003

Price History for 1256 S Westgate Ave

DatePriceEventSource
03/12/2024$3,300,000PriceChange
CLAW #24-351003
01/23/2024$3,600,000Listed For SaleCLAW #24-351003

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Neighborhood Overview

Sawtelle
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Sawtelle

  • Pxleclipse
    "There are cool art-related events at Giant Robot. B Sweet has a live band on certain nights of the week."
    1
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  • Maurice Williams
    "Commute is fair depend on when you’re driving. Rush hours can be a little chaotic but nothing different than anything else in LA. Other than that, Sawtelle’s central location makes a commute to anywhere tolerable. "
    0
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  • Mizz_tt_909
    "Very nice neighborhood to walk pets. Not a lot of speeding cars or dangerous things going on. Stoner park is an u official dog park with lots of evening activities and people visiting with their dogs."
    0
    Flag
  • Erin Mcginley
    "Walkable coffee and a nice neighborhood for a morning walk. Close to freeways and good restaurants. Centrally located for an easy commute wherever you’re going. "
    3
    Flag
  • Trulia User
    "Sawtelle is a cute, quiet (outside of the main streets) safe and friendly neighborhood. Stoner park, amazing Japanese food , close to Santa Monica and reasonably priced"
    0
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  • Trulia User
    "Lots of nice walks through white streets and stoner park is lovely. There are lots of dogs in the neighborhood so plenty of butts to sniff. "
    0
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  • Trulia User
    "They are tons of dog owners in the neighborhood and most of the apartments rent to those who have them."
    1
    Flag
  • Trulia User
    "It’s a nice a really down to earth spot to live at. Friendly neighborhood and close enough to the beach there is no traffic"
    1
    Flag
  • Trulia User
    "Great walkability, farmer’s market and some outdoor arts and crafts fairs. Everyone is friendly and willing to help if you have questions."
    0
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  • Trulia User
    "I live near this neighborhood theres friendly people quiet streets good restaurants clean streets beautiful scenery "
    1
    Flag
  • Trulia User
    "I love the boxing gym and farmers market. I live closer to Sawtelle which has GREAF food. Not a very popular going out area which I like, very quiet and neighborly "
    2
    Flag
  • Trulia User
    "I lived here all my life and I love it. People here look out for one another. I can honestly say that I wouldn’t go anywhere else. "
    4
    Flag
  • Trulia User
    "this is a wonderful neighborhood close to transfer station and other venues that are necessary for a neighborhood to maintain a cohesive unity."
    1
    Flag
  • Trulia User
    "I’ve been living here for 5 years and it is a nice neighborhood, safe, clean, everything close by! I love living in here"
    0
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  • Trulia User
    "Do not move here if you have young children!!! There is a ton of holes people and the streets are dirty, I almost stepped in human feces when getting groceries from the back of my car!"
    0
    Flag
  • Trulia User
    "This neighborhood has great parks and shops around. All shops are walking distance and it feels safe around here. "
    0
    Flag
  • Trulia User
    "Good for biking. Also has community swimming pool that can be use as well as a few parks in the area "
    0
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  • Bailey S.
    "I just moved to this neighborhood a couple of months ago and am loving it! The area is very walkable, close to a lot of cute cafes and restaurants. Near multiple different grocery stores. And only a couple miles up from the beach!"
    11
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  • Mary W.
    "You see people walking their dogs all the time, cute neighborhood when it's not traffic hour. There are grassy areas everywhere for your 4 legged friend."
    2
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  • Nagel F.
    "Really love the area. Close to everything. A lot of homeless for my comfort but you kinda have to deal with it. "
    1
    Flag
  • Raeextra
    "Yes they would like it. Lots of dog walkers and they are all friends and meet up at the local park for dog playtime"
    2
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  • Larafelixson
    "Good restaurants hut bad parking. Lots of dogs and some good parks here as well. Packages get stolen a lot so that kinda sucks but get to know your mail man and he will put them in the right spot so they don’t get stolen :)"
    1
    Flag
  • 9clacour4
    "Freeway, public transit, bike, and walk friendly. Often have a reverse commute. Rush hour in the evenings can be pretty horrible if you’re trying to drive"
    2
    Flag
  • Brittany V.
    "Super great place to live! Safe and close to SM! Lots of restaurants! Stoner park is lovely and lots of dogs"
    7
    Flag
  • Erica L. S.
    "Close access to multiple bus routes and the LA Metro; adjacent to highways; plentiful ride sharing options "
    1
    Flag
  • Don T.
    "Great food. Ample nightlife. Really a great place to live. A little lively on the weekends, but that’s a charming factor. "
    0
    Flag
  • Taylor
    "Safe neighborhood with great food and parks nearby. Also close to the 405 so you can get anywhere quickly!"
    5
    Flag
  • Philip B.
    "Farmers markets, good walkable places and fun restaurants to try out from different cultures. Friendly atmosphere. "
    1
    Flag
  • Marissacirami
    "Breed restrictions suck and need to be changed. It’s too difficult to find housing with dogs. And it’s discriminatory."
    4
    Flag
  • Marissacirami
    "I commute via car, round trip it’s 20 minutes. Sawtelle is super centrally located for me. It’s great!"
    0
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  • John M.
    "Love this neighborhood... calm, quiet, friendly. Lots of space and nature feelings. Would reccoment to anyone."
    1
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  • Yves R.
    "Unlike nearby areas, Sawtelle, especially South of Santa Monica, is less densely built and populated, and has a nice neighborly feel. I know many neighbors by walking my dogs here... the only thing I wish is that the area was closed to through traffic, because the 405 freeway underpasses at Santa Monica and Olympic create a giant funnel where everyone drives like mad trying to shortcut through our neighborhood. The new Expo line has done nothing to cut that traffic. "
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  • Ashersackman
    "There is the Bonsai festival and the Oaxaca festival, but there are always events going on on Sawtelle with all the stores and restaurants"
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  • Sambulo K.
    "That it is a great neighborhood. The schools are great It is near UCLA and Santa Monica college It is near the 405 freeway and the 10 freeway The rent is high but worth it There are shops and the VA hospital. There might be the homeless loitering around in the neighborhood and that is why the rent is high Cops are visible It is not far from the beach."
    0
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  • Patziandkahliljoseph
    "It’s walkable with nearby restaurants, shops, movie theaters and a farmers market, library, community garden. "
    0
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  • Quentin H.
    "The immediate neighborhood is anchored around Stoner Park which has a skate park, dog run area, municipal pool and tennis courts. The area has a mixture of single family homes and apartment buildings. "
    0
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  • Shiv G.
    "Close to little japan town and metro stop. Short drive to all attractions- Santa Monica, Beverly Hills, Venice, Culver City, Westwood. Quick and easy freeway access. "
    6
    Flag
  • Ashersackman
    "Oban festival, Oaxaca festival, outdoor movies at stoner park, gallery openings at Giant/Kid Robot, Rocky Horror Picture Show at the Nuart Theater"
    0
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  • Pattieschleicher
    "Stoner park hosts community events regularly. There’s also a community pool there. Few churches of various denominations host community events as well. "
    0
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LGBTQ Local Legal Protections

Peter James, Lyon Stahl Investment Real Estate, Inc.
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1256 S Westgate Ave, Los Angeles, CA 90025 is a 13 bedroom, 11 bathroom, 7,391 sqft multi-family built in 1960. 1256 S Westgate Ave is located in Sawtelle, Los Angeles. This property is currently available for sale and was listed by CLAW on Jan 23, 2024. The MLS # for this home is MLS# 24-351003.