309 S Westlake Avenue Los Angeles, CA ^$ 3,900,000

309 S Westlake Avenue

^$ 3,900,000

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Recently Listed

309 S Westlake Avenue

Los Angeles, CA, 90057

^$ 3,900,000

Bedrooms-- Baths30.0 Sq 17,598

Monthly Estimate*

^$ 26,936

Listed by Michael Dixon, NAI Capital, Inc., Mdixon@NAICapital.com

309 S Westlake Avenue, Los Angeles, CA 90057 - Image 1

Multi-Family Home for sale in Los Angeles, CA

for $3,900,000 with 30 full baths. This 17,598 square foot home was built in 1924 on a lot size of 0.1796.

The Westlake Apartments are a well kept, well located 30 unit apartment building in a great rental area. Most of the units have been renovated and are in good condition. Most of the systems have been upgraded, or replaced, including but not limited to, counters, cabinets, roof, windows, electric, etc... The Westlake apartments offers an investor a stable income with limited capital needs. A buyer steps into a quiet, well kept building on a wide stretch of S. Westlake Ave., that offers strong curb appeal, in a great rental area with a stable income for years to come. There's an assumable first trust deed with a below market interest rate available to a qualified investor that adds to this opportunity.

Multi-Family Active

Price

^$ 3,900,000

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1796

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26105857

Days on Market

Features

General

Living Area 17598

Heating Wall Furnace

Cooling None

Possession Close Of Escrow

Appliances Disposal

Zoning LAR4

Year Built 1924

Levels Multi/Split

Gross Income 472755

County Los Angeles

Net Operating Income 217419

New Construction false

Property Type Residential Income

HOA false

Facing Direction East

Full Baths 0

Special Listing Conditions Standard

Status Active

Buyer Financing Cash

Directions South of W 3rd St

City Los Angeles

Senior Community Y/N false

Number Of Units Total 30

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 7825

Standard Status Active

Occupancy Type Tenant

Interior

Total Stories 3

Air Conditioning Y/N false

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 0

Total Baths 30

Exterior

Parking Features Off Site

Total Parking 1

Lot Size Area 7825

Number of Buildings 1

Building Area Total 17598

Lot Dimensions 50x155

Lot Size Acres 0.1796

* Excluded Features

List By

Michael Dixon

Listing Agent

Nai Capital, Inc.

Broker

Mdixon@NAICapital.com

Affordability Calculator

$26,936

Per Month

Monthly Principal & Interest: $26,936
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,958,798

Percent of Sale Price 50%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/2/2026	$3,900,000		Listed Price

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309 S Westlake Avenue, Los Angeles, CA, 90057 is a Multi-Family Home for sale at $3,900,000 with 17,598 sqft and a lot size of 0.1796. 309 S Westlake Avenue has 30.0 baths and was built in 1924. The property's zip code is 90057 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 11/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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309 S Westlake Avenue

Multi-Family Home for sale in Los Angeles, CA

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