SIGNIFICANT PRICE REDUCTION! We are pleased to offer for sale a timeless mid-century gem located in prime West Los Angeles. 1453 S Westgate Avenue, perfectly positioned along a tree-lined street, presents the unique opportunity to acquire a quintessential turnkey property situated in one of the strongest rental locations in Los Angeles. The property boasts an ideal unit mix for the area consisting of all large 1-bedroom units, with some units featuring outdoor patios or a separate office space. Each of the units has a terrific floor plan and offers an abundance of natural light. Many units have been designer remodeled and luxury upgraded with top of the line appliances, hardwood flooring, and updated kitchens and bathrooms. Other property features include well landscaped grounds, a pitched roof, copper plumbing, an on-site laundry facility, and ample on-site parking. All soft story seismic retrofit has been completed by ownership (Buyer to verify). Close to some of Los Angeles' best dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
Listed by Jonathan Taksa
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License #01366169
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Remax Commercial and Investment Realty
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424-672-8220
Last updated September 08, 2025
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Source: CRMLS #25574441
Listing Facts
TypeMulti-family
NeighborhoodWestgate
Bedrooms9
Days on Prevu36
Size4,872 sqft
Price per sqft$561
Amenities
Parking
Location
Mortgage Calculator
Listing History
09/08/2025
Status changed to Active
$2,735,000
09/08/2025
Price Decreased
$2,735,000
09/06/2025
Status changed to Removed from Feed
$2,795,000
09/05/2025
Status changed to Active
$2,795,000
09/04/2025
Status changed to Removed from Feed
$2,795,000
08/05/2025
Listed by Remax Commercial and Investment Realty
$2,795,000
Property Details for 1453 S Westgate Avenue
Exterior
Construction
Number Of Units Total: 9
Stories: 1
Stories Total: 2
Year Built: 1956
Measurements
Building Area Total: 4,872
Lot Size Acres: 0.16
Lot Size Area: 6,997
Lot Size Square Feet: 6,997
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.17
Gross Income: $224,320.00
Taxes
Parcel Number: 4263032022
Interior
Features
Appliances: Microwave, Oven, Refrigerator
Flooring: Laminate
Measurements
Living Area: 4,872
Rooms
Bathrooms Total Integer: 9
Bedrooms Total: 9
Parking
Parking
Parking Features: Assigned
Parking Total: 9
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Heating: Wall Furnace
Has Heating: Yes
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.