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Westlake
 | 
Multifamily

409 S. Union Avenue

Los Angeles, CA 90017
Offering Price
Sales Price
$1,185,000
Offering Highlights
Deal Highlights

Sold for the Lowest CAP Rate Ever in Westlake.

One of Only Six Apartment Buildings to Sell in 90017 This Year.

Generated Seven Competitive Offers During Marketing, Competed with Multiple Brokerages for the Business.

Sold for the Highest GRM in Westlake History.

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Close of Escrow
11/9/2020
10

Units

4,526

Building SF

1950

Year Built

93

Walk Score

$261.82

Price/SF

$185,000

Price/Unit

2.19%

Current Cap

17.89

Current GRM

4,526

Building SF

1950

Year Built

$261.82

Price/SF

10

Units

4,526

Building SF

1950

Year Built

93

Walk Score

$261.82

Price/SF

$185,000

Price/Unit

2.19%

Current Cap

17.89

Current GRM

10

Potential Buildable Units

4,526

Land SF

$261.82

Price/Land SF

$185,000

Zoning

1950

Year Built

93

Walk Score

Property video
Property Location
Westlake
Submarket
Lead Agent Info

Contact us for more information.

Andres Diaz

Senior Director
Multifamily Investments

(213) 797-7182

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