The James Group is pleased to announce the sale of 200 S Westlake Ave, a 12 unit apartment building in Westlake, closed at $2,020,000.
The two-story building offered twelve one bedroom units across 8,740 square feet on a 9,283 square foot R3-1, TOC Tier 1 lot within a state enterprise zone. Its central location near St. Vincent Medical Center and Downtown, with quick access to the 101, 110, and 10 freeways, attracted portfolio investors seeking a value-add asset in a dense rental submarket.
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