NOT LISTED FOR SALE

812 S Westlake Ave Los Angeles, CA 90057

Westlake Neighborhood
40 Beds
2 Baths
23,040 Sq Ft
7,512 Sq Ft Lot

Last Sold September 17, 2013

Last sale price $2,755,000 $120 Per Sq Ft

33 Days on Market

About This Home

As of September 2013

We are pleased to offer for sale The El Carlos Apartments, a 40-unit apartment community located at 812 South Westlake Avenue. The subject property offers investors the opportunity to acquire a well maintained property with stable operating history and substantial upside in rental income. Consisting of one four-story brick building, the property is situated on a 7,512 square foot parcel. The property features 32 single units and 8 one-bedroom /one-bath units. The property is master metered for electricity and gas utilities. Due to its 1927 construction, the property is subject to the Los Angeles Housing Department's Rent Stabilization Ordinance.

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 06/30/2013

Last Buyer's Agent

Michael Shlomof

Onward Capital, Inc. License #01893306

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 7,512 Sq Ft Lot

Interior Spaces

  • 40 Bedrooms
  • 23,040 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Parking Space
  • Covered Parking

Community Details

  • 40 Units

Listing and Financial Details

  • Assessor Parcel Number 5142-004-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 23040
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 40
  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 121.53

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 1

Lot Info

  • Assessed Improvement Value: 1553658
  • Assessed Land Value: 665851
  • Assessor Parcel Number: 5142-004-003
  • Geocode Override: No
  • Lot Size Area: 7512

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 7.75
  • Number Of Units: 40
  • Total Annual Expense: 172406
  • Type Of Units: Single, 1/1
  • Vacancy Rate: 5.0%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2013 09/17/13 Sold $2,755,000 -8.2% $120 / Sq Ft
08/02/2013 08/02/13 Pending -- -- --
06/30/2013 06/30/13 For Sale $3,000,000 -- $130 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean Rosenzweig

    Seller's Agent in 2013

    Sean Rosenzweig

    Marcus & Millichap

    (213) 943-1800

    5 in this area

    67 Total Sales

    Sean Rosenzweig
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Shlomof

    Onward Capital, Inc.

    (310) 728-9969

    11 Total Sales

    Michael Shlomof
    Section Image
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Map

Source: The MLS

MLS Number: 13-684869

The MLS
California Los Angeles County Los Angeles 90057 Westlake

812 S Westlake Ave, Los Angeles, CA

This home is located at 812 S Westlake Ave, Los Angeles, CA 90057 since 30 June 2013. This property was built in 1927. 812 S Westlake Ave is a home located in Los Angeles County with nearby schools including Macarthur Park Elementary School For The Visual And Performing Arts, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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