
4-Plex ,R4(CW) 4units Muti family
LA Westlake neighborhood Occupied 4-Plex For Sale(Flipping and development opportunity !)
Marketing description
The occupied 4-Plex in the revitalizing Westlake neighborhood of Los Angeles offers a prime opportunity to enter or expand your investment portfolio. This area has seen significant growth, with hundreds of new residential units built nearby over the past five years.
The property features residentially dense zoning (R4(CW)-45/3-0), allowing for a density of 400 square feet per dwelling unit, a 45-foot height limit, and a Floor Area Ratio (FAR) of 3.0. Its central location provides easy access to attractions like Crypto.com Arena, Dodger Stadium, and Echo Park.
With nearly 500 new units across seven apartment communities within a few blocks, demand for housing is on the rise. The existing multi-family zoning supports high-density development, making it appealing to investors. The property is also classified under Tier 2 of the City of Los Angeles’ Transit Oriented Communities Affordable Housing Incentive Program, enhancing its development potential. Call Lynn: 9493511343 for more information.
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