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5232 Westhaven Street a well-located 6-unit multifamily investment opportunity positioned just south of West Adams Boulevard, one of Los Angeles' most dynamic and evolving neighborhoods. Built in 1953, the property encompasses approximately 3,984 square feet of living space on a 4,800 square foot corner lot. The building features a balanced unit mix of six (6) one-bedroom, one-bathroom apartments. Parking is provided at the rear of the property, consisting of two (2) tandem and two (2) individual spaces, secured by a remote-controlled gated entrance. Additional features include a pitched roof and classic mid-century construction. The property currently generates approximately $54,960 in annual gross income and offers over 100% rental upside, providing a significant value-add opportunity for an investor. At the current asking basis of $133,333 per unit and just $200 per square foot, this asset presents an attractive entry point into one of Los Angeles' most desirable submarkets.
Property Type(s):
Residential Income
| Last Updated | 9/24/2025 | Year Built | 1953 |
|---|---|---|---|
| Community | C16 - Mid Los Angeles | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | C16 - Mid Los Angeles |
| CONSTRUCTION | Stucco |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 4800 sq ft |
| LOT DIMENSIONS | 40x120 |
| PARKING | Assigned, Garage, Tandem |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | Split/Multi Level |
| STYLE | MidCenturyModern |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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