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807 S Westlake Ave
Los Angeles, CA 90057 (Westlake)
Off Market · Public Record
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807 S Westlake Ave Los Angeles, CA 90057

(Westlake)
  • 24,882 sqft
  • 0.26 acres lot size
  • Multi-Family
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  • Highest crime relative to the rest of Los Angeles county.

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  • 50 Elementary Schools

    26 Middle Schools

    39 High Schools

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Property Details for 807 S Westlake Ave


This property is no longer available to rent or buy. This description is from April 14, 2013
Sold together with 2014 W 8th St. Los Angeles CA 90057. The price for both buildings is $6.5M. Two side-by-side buildings totaling 85 units.Great location! Squeezed between New Downtown LA and Korea Town. This is one of the most dense zip codes. Almost 60,000 people per square mile. The buildings yearn for good management and a little TLC. They need paint, floor refinish, some electrical upgrades and to separate the central gas meter into individual meters.30% to 40% upside in rents. Currently almost a 6% CAP... double-digit CAP after you get it stabilized... all in an area that will so...on be absorbed by the New Downtown LA Expansion! Opportunity for seller financing as well!
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807 S Westlake Ave Public Records


Official property, sales, and tax information from county (public) records as of 07/2016:
    • Apartment house (5+ units)
    • Built In 1923
    • County: Los Angeles
    • 24,882 sqft
    • 37 Units
    • Tax Rate Code Area: 12-706
    • Lot Size: 0.26 acres
    • Subdivision: BONNIE BRAE TRACT
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Additional Costs For 807 S Westlake Ave


Property Taxes and Assessment of 807 S Westlake Ave


Land
Improvement
Total
$828,427
+
$1,656,855
=
$2,485,282
Year Tax Assessment Market
2016 $32,203 $2,485,282  N/A
Source: Public Records

Price History & Trends


Price History for 807 S Westlake Ave


Date Event Price Source Agents
11/15/2013 Sold view detail $58,750,000 Agent Submission Agent Submission Ron Escobar - Local...
09/25/1997 Sold view detail $400,000 Public records Public records  
  • Recording Date
    09/25/1997
  • Contract Date
    09/08/1997
  • Sale Price
    $400,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • City Transfer Tax
    $1,800
  • County Transfer Tax
    $440
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Grant Deed

Real Estate Trends in this area

Median sale price for all homes in this area $440,500 0% below listing price

Sold Homes near 807 S Westlake Ave


Address Distance Property Type Sold price Sold date Bed Bath Sqft
2521 Griffith Park Blvd, Los Angeles CA 3.51 Multi-Family $1,422,000 07/07/17 6 3 2,479
1543 N Kenmore Ave, Los Angeles CA 3.34 Multi-Family $1,285,000 07/12/17 4 2 2,255
2343 Yosemite Dr, Los Angeles CA 6.57 Multi-Family $1,323,000 07/13/17 5 2 2,174
1552 6th Ave, Los Angeles CA 2.74 Multi-Family $1,320,000 07/03/17 8 8 4,812
2446 Cincinnati St, Los Angeles CA 4.11 Multi-Family $1,029,000 07/11/17 8 5 5,564
131 N New Hampshire Ave, Los Angeles CA 1.64 Multi-Family $1,311,000 06/28/17 4 4 4,136
1936 S Rimpau Blvd, Los Angeles CA 3.96 Multi-Family $1,000,000 06/30/17 6 4 3,208
737 Camulos St, Los Angeles CA 4.11 Multi-Family $945,000 06/30/17 10 5 4,898
2837 S Bronson Ave, Los Angeles CA 3.67 Multi-Family $1,295,000 07/11/17 8 8 6,842
1167 Bellevue Ave, Los Angeles CA 1.71 Multi-Family $1,040,000 06/23/17 4 4 2,408