Residential Income – 742 S Westlake Ave, Los Angeles, CA 90057, USA -001-11-30T00:00:00-08:00
Single: $1,650 and Up, 1 Bed + 1 Bath: $1,900 and Up, 2 Bed + 1.5 Bath – $2,400 and Up. SF – 3 Bed + 2.5 Bath – $2,850 and Up. Manali Residence is a brand new apartment community designed for executives and families working in and around K-Town and DTLA! Sch
742 S Westlake Ave, Los Angeles, CA 90057, USA
$15,000,000 USD
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Address742 South Westlake Avenue, Los Angeles
Price$15,000,000
Price Changed3.22% (-$500,000, 30 days ago)
Year Built2019
Bedrooms Total0
Listing ID19521562
StatusActive
Parcel Number5142003007
ZoningLAR4
Special ConditionsStandard
Days on Market128

Detailed Description: Single: $1,650 and Up, 1 Bed + 1 Bath: $1,900 and Up, 2 Bed + 1.5 Bath – $2,400 and Up. SF – 3 Bed + 2.5 Bath – $2,850 and Up. Manali Residence is a brand new apartment community designed for executives and families working in and around K-Town and DTLA! Scheduled to open in early October 2019, we it is centrally located in the Westlake District of the City of Los Angeles between K-Town and Downtown LA, at 742 South Westlake Avenue, Los Angeles, CA 90057. The Manali Residence building consists of 37 Residences, with one street level parking area accessible from the alley at the back of the building and one level of underground parking from Westlake Avenue for 55 automobiles and 41 bicycles. Make Manali Residence your new home and enjoy the best K-Town and Downtown LA has to offer! Features: Brand New 2019 Construction! Central Air / Heat! Balconies! Gated Covered Parking! Bike Parking! On-Site Laundry! Walk Score: 95

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Address Information
Address742 South Westlake Avenue, Los Angeles
Street PrefixSouth
Street SuffixAvenue
CityLos Angeles
Location (MLS Area)C42 – Downtown L.A.
County Or ParishLos Angeles
State or ProvinceCA
Postal Code90057
Financial Information
Price Changed-3.2258%
Previous Price$15,500,000
Price per Lot Square Foot$
Special ConditionsStandard
Gross Operating Income$926,544
Gross Income$955,200
Net Operating Income$616,158
Gross Multiplier15.7%
Tax Year2000
Full Descriptions
Parcel Number5142003007
Detailed DescriptionSingle: $1,650 and Up, 1 Bed + 1 Bath: $1,900 and Up, 2 Bed + 1.5 Bath – $2,400 and Up. SF – 3 Bed + 2.5 Bath – $2,850 and Up. Manali Residence is a brand new apartment community designed for executives and families working in and around K-Town and DTLA! Scheduled to open in early October 2019, we it is centrally located in the Westlake District of the City of Los Angeles between K-Town and Downtown LA, at 742 South Westlake Avenue, Los Angeles, CA 90057. The Manali Residence building consists of 37 Residences, with one street level parking area accessible from the alley at the back of the building and one level of underground parking from Westlake Avenue for 55 automobiles and 41 bicycles. Make Manali Residence your new home and enjoy the best K-Town and Downtown LA has to offer! Features: Brand New 2019 Construction! Central Air / Heat! Balconies! Gated Covered Parking! Bike Parking! On-Site Laundry! Walk Score: 95
Heating DescriptionCentral
Cooling DescriptionCentral Air
Appliances DescriptionDishwasher
View DescriptionCity Lights
Property parameters
Year Built2019
Lot Size SourceAssessor
Lot Size DimensionsA14984
Lot Size Dimensions SourceAssessor
Number of Buildings1
Number of Units Total37
ZoningLAR4
Stories Total5
Units Total37
Listed withMichael Pesci (Keller Williams Studio City)