120 N Westlake Avenue, Los Angeles, CA 90026 (MLS # SR23094159)

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PRICE $1,325,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE n/a
LOT SIZE 5,999 sqft

Shovel Ready. Investor's dream! 120-122 N Westlake Ave. 4 Units RTI Issued and Ready plus ADU (plans/RTI) in Silver Lake – Echo Park!! The lowest price in Echo Park for a project in this category, and it's an excellent opportunity for multi-unit investors/developers. 2 units of 6bed-5bath, 2 units of 5bed-4bath, and an ADU 3bed-3bath with 2 parking spots for each unit. Listing Price: $1,4M, Estimated Construction Cost: 1.4M, and Estimated Gross Development Value: Minimum of $4.2M. The property is currently two furnished units with a running Airbnb rental that is generating a 6-8K cash flow until construction begins. RTI and Plans will be sent upon request.

DAYS ON MARKET 154 LAST UPDATED 11/1/2023
COMMUNITY Silver Lake - Echo Park COUNTY Los Angeles
STATUS Sold PROPERTY TYPE(S) Lot/Land/Acreage


ADDITIONAL DETAILS
AREA Silver Lake - Echo Park
HOA DUES 0
LOT 6000 sq ft
LOT DESCRIPTION 2-5 Units/Acre
VIEW Yes
VIEW DESCRIPTION City Lights,Neighborhood
WATER Public
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 120 N WESTLAKE AVENUE
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Listed with Sync Brokerage

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 4/19/24 6:46 PM PDT and /or other sources. 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

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