313 North Westlake Avenue

Los Angeles, CA 90026

$999,000
Price
3
Beds
3
Baths
1,428 Sq. Ft.
$700 / Sq. Ft.
1,428
Sq. Ft.
$700
per Sq. Ft.

Description

Seller offering substantial RATE BUYDOWN to the buyer of this income-generating duplex in trendy HiFi. This is the perfect opportunity to begin your wealth-building journey within the LA real estate market! Live in one unit and rent out the other for passive income. Property consists of two units: unit one has two bedrooms and two baths, unit two has one bedroom one bath. Option for unit two to be delivered vacant. Both units are gated, have an open floor plan, laminate floors throughout, quartz...Seller offering substantial RATE BUYDOWN to the buyer of this income-generating duplex in trendy HiFi. This is the perfect opportunity to begin your wealth-building journey within the LA real estate market! Live in one unit and rent out the other for passive income. Property consists of two units: unit one has two bedrooms and two baths, unit two has one bedroom one bath. Option for unit two to be delivered vacant. Both units are gated, have an open floor plan, laminate floors throughout, quartz counter tops, laundry in unit, AC/Heat and spacious patios. Ideally located close to Silverlake, Echo Park and Downtown LA.

Listing Agents

  1. Megan Wilson

    Megan Wilson

    Listing Agent

    Compass

    DRE #02020821

  2. Joanna Suhl

    Joanna Suhl

    Alternative Listing Agent

    Compass

    DRE #01935804

Property Details for 313 North Westlake Avenue

Zoning
LAR4
Parcel Number
5157025032
Total Units
2.0
Living Area
1428
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
0
Lot Size Area
2640

Location

Listing Courtesy of Compass, Megan Wilson, DRE #02020821; Compass, Joanna Suhl, DRE #01935804
Add your commute
LISTING UPDATED: 04/09/2024 05:59 PM

Property Details for 313 North Westlake Avenue

StatusActive
MLS #24-360979
Days on Market69
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1913
Lot Size0.06 AC / 2,640 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Megan Wilson, DRE #02020821; Compass, Joanna Suhl, DRE #01935804
Add your commute

Building Information for 313 North Westlake Avenue

Stories-Residences-Year Built1913Building Size-Lot Size0.06 AC / 2,640 SF

Payment Calculator

$6,137 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$685

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 313 North Westlake Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Income
  • Security Features: Gated
  • Sewer: In Street
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Owner Pays: Water
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0606
  • Lot Size Square Feet: 2640
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: Gas, Living Room
  • Fireplace Rooms: Gas, Living Room
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Dryer, Range/Oven, Washer, Dishwasher, Refrigerator
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-22-2024
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,395.00
  • Unit Actual Rent: $2,395.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,195.00
  • Unit Actual Rent: $2,195.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $96,714.00
  • Assessed Improvement Percent: 14.53
  • Assessed Land Value: $568,913.00
  • Assessed Land Percent: 85.47
  • Assessed Total Value: $665,627.00

Property History for 313 North Westlake Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 313 North Westlake Avenue

Taxable ValueLand$568,913Additions$96,714Total$665,627
Tax Record2023$8,219 ($685 / month)
Home Facts
Total Finished SqFt1,428 SqFtAbove Grade Finished SqFt1,428 SqFtLot Size2,640 SqFtStyleDuplexYear Built1913ZoningLAR4CountyLOS ANGELESAPN5157-025-032

Schools near 313 North Westlake Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Camino Nuevo Charter Academy No. 4
CharterK to 8

Sal Castro Middle School
Public6 to 8

Miguel Contreras Learning Complex School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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313 North Westlake Avenue is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on February 21, 2024 by Compass, it's currently listed at $999,000. It has been on the market for a total of 69 days and was last sold on October 27, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Camino Nuevo Charter Academy No. 4, Sal Castro Middle School and Miguel Contreras Learning Complex School. 313 North Westlake Avenue is a 3-bed, 3-bath, 1,428 sqft multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Megan Wilson, DRE #02020821; Compass, Joanna Suhl, DRE #01935804

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.