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  • 730 S Westlake Avenue

730 S Westlake Avenue, Los Angeles, CA 90057

$3,550,000 Approx. USD 14 beds, 18 baths
11,489 sqft

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
 Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Listing Agent


Sang (Brian) Ji | Brian@TcomApts.com
Lic#: 01443223
Broker: Courtesy of Total Commercial, Inc.
Phone: 213-387-3456

Agent Remarks

An incredible investment opportunity priced at only $197,222/Unit. Built in 1988, this solid 18-unit building is entirely exempt from LA City RSO (No RSO, under CA AB1482 only), allowing investors to rapidly capture massive rental upside with a strong 9.64 GRM and 6.16% CAP Rate. The property features a desirable unit mix of 14 one-bedroom units and 4 studios and boasts significant upgrades including a brand-new tankless water heater system and a new CCTV camera system. The building offers tremendous value-add potential through strategic unit remodeling upon future turnover and extra income potential by reopening the unused on-site laundry room. Enjoy an exceptionally stable tenant base with over half of the residents staying for more than 10 years. Strategically located near Koreatown, the property sits at the epicenter of MacArthur Park's massive urban transformation. The park is undergoing a historic $30M+ revitalization, including a $2.5M grant project studying the permanent closure of Wilshire Blvd to unite the park into one massive green space, alongside major city-backed security enhancements and nightly closures for safety. Located near the approved Centro Westlake transit development with immediate access to the 10 and 110 freeways, this is perfect for investors seeking immediate, steady cash flow paired with explosive growth potential.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26848135
Price: $3,550,000
Beds: 14
Baths: 18
Built in 1988
11,489 sqft
0.17 acres
Lot size: 0.1720
County: Los Angeles
Zoning: LAR4
Parking description: Underground
Heating description: Natural Gas
MLS area: C42 - Downtown L.A.

Last Updated: 6/18/2026

 Days On Market (DOM): 6

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.054929, -118.275888.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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