PRICE ADJUSTMENT!! We are pleased to present 1256 S. Westgate Ave in a prime West Los Angeles submarket just a block south of Wilshire Blvd and adjacent to Brentwood, another premier rental pocket of LA's westside. The subject property is a 10 unit apartment building built in 1960. The building boasts an excellent unit mix including (7) 1 bed / 1 bath and (3) 2 bed / 1 bath units spread out over 7,391 square feet and sits on a 7,202 square foot LAR3 zoned lot. 1256 Westgate is a unique value-add opportunity in one of the best rental pockets of Los Angeles. With approximately 72% upside in rents a future investor will benefit from a well located asset and long term growth potential. LA's Westside has continued to prove to be one of the, if not the best, rental pockets in all of Los Angeles. With continued rent growth and low vacancy rates renters continue to seek out opportunities in the immediate area surrounding the subject property. With Santa Monica directly to the west, Brentwood directly to the north and Westwood just a short distance to the east, the property is strategically positioned. Area amenities include high end restaurants, bars and nightlife along with shopping and a robust office market making it a perennial economic hub in Southern California. The location and rental upside make this an opportunity to own a generational asset in one of LA's best neighborhoods.
Listed by Peter James
·
License #01748556
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Lyon Stahl Investment Real Estate, Inc.
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310-467-7581
Listed by William James
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License #01734419
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Lyon Stahl Investment Real Estate, Inc.
Last updated June 25, 2025
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Source: CRMLS #25487089
Listing Facts
TypeMulti-family
NeighborhoodWestgate
Bedrooms13
Days on Prevu303
Size7,391 sqft
Price per sqft$386
Amenities
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
10/28/2025
Status changed to Active
$2,850,000
10/21/2025
Status changed to Removed from Feed
$2,850,000
10/20/2025
Status changed to Active
$2,850,000
10/19/2025
Status changed to Removed from Feed
$2,850,000
10/17/2025
Status changed to Active
$2,850,000
10/16/2025
Status changed to Removed from Feed
$2,850,000
10/04/2025
Status changed to Active
$2,850,000
10/03/2025
Status changed to Removed from Feed
$2,850,000
10/02/2025
Status changed to Active
$2,850,000
10/01/2025
Status changed to Removed from Feed
$2,850,000
09/26/2025
Status changed to Active
$2,850,000
09/25/2025
Status changed to Removed from Feed
$2,850,000
09/20/2025
Status changed to Active
$2,850,000
09/19/2025
Status changed to Removed from Feed
$2,850,000
09/18/2025
Status changed to Active
$2,850,000
09/16/2025
Status changed to Removed from Feed
$2,850,000
09/15/2025
Status changed to Active
$2,850,000
09/14/2025
Status changed to Removed from Feed
$2,850,000
09/13/2025
Status changed to Active
$2,850,000
09/12/2025
Status changed to Removed from Feed
$2,850,000
09/12/2025
Status changed to Active
$2,850,000
09/05/2025
Status changed to Removed from Feed
$2,850,000
09/04/2025
Status changed to Active
$2,850,000
09/03/2025
Status changed to Removed from Feed
$2,850,000
08/31/2025
Status changed to Active
$2,850,000
08/28/2025
Status changed to Removed from Feed
$2,850,000
06/28/2025
Status changed to Active
$2,850,000
06/27/2025
Status changed to Removed from Feed
$2,850,000
06/25/2025
Price Decreased
$2,850,000
04/22/2025
Status changed to Active
$2,950,000
04/19/2025
Status changed to Removed from Feed
$2,950,000
03/31/2025
Price Decreased
$2,950,000
01/21/2025
Listed by Lyon Stahl Investment Real Estate, Inc.
$3,200,000
Property Details for 1256 S Westgate Avenue
Exterior
Construction
Number Of Units Total: 10
Stories: 2
Stories Total: 2
Year Built: 1960
Architectural Style: Mid-Century Modern
Construction Materials: Stucco
Features
Direction Faces: West
View: City Lights
Measurements
Building Area Total: 7,391
Lot Features: Rectangular Lot
Lot Size Acres: 0.16
Lot Size Area: 7,204
Lot Size Square Feet: 7,204
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 3.68
Gross Income: $181,303.00
Taxes
Parcel Number: 4263007025
Interior
Features
Appliances: Refrigerator, Dryer, Washer
Measurements
Living Area: 7,391
Rooms
Bathrooms Total Integer: 11
Bedrooms Total: 13
Parking
Parking
Parking Features: Covered, One Space, Side By Side
Parking Total: 10
Utilities
Equipment
Laundry Features: Common Area
Sewer: Other
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.