504 South Westlake Avenue is a prime redevelopment opportunity in the highly sought-after Westlake submarket of Los Angeles. The subject lot features a 10,306 square foot R4 zoned lot with a total of two structures totaling 4,692 square feet with rear alley access. The structures consist of two one-story apartment buildings totaling ten units. All tenants are currently on month-to-month leases and there is a possibility to deliver up to four units vacant. The lot allows building up to 25 units by right and 44 using the TOC Tier 3 density bonus. Additionally, the property is located in a Qualified Opportunity Zone.