1016 S Westlake Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Champions
1016 S Westlake Avenue,Los Angeles, CA 90006
$1,599,999
  • 16 Beds
  • 8 Baths
  • 5,492 sq. ft.
  • Multi-family
  • Active
Listed by: kyle buckley
Office: lyra residential inc.213-723-6500
MLS#:26998473
Source:CRMLS

Price summary

  • Price:$1,599,999
  • Price per sq. ft.:$291.33

About this home

An excellent opportunity to acquire an 8-unit multifamily property in the highly centralized Westlake/Pico-Union area of Los Angeles. The property consists of approximately 5,492 square feet of building area situated on a 7,501-square-foot lot, with LAR3 zoning offering potential flexibility for an investor looking to acquire a well-located Los Angeles multifamily asset. The property is positioned near Westlake/MacArthur Park, Koreatown, Downtown Los Angeles, and major employment and transportation corridors, providing residents convenient access to restaurants, retail, entertainment, employment centers, and public transportation. The Westlake/MacArthur Park Metro station is located nearby, further enhancing this property's accessibility.

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Home facts

  • Year built:1960
  • Listing ID #:26998473
  • Added:47 day(s) ago
  • Updated:November 09, 2026 at 12:16 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Flooring:Wood
  • Kitchen Description:Dishwasher
  • Living area:5,492 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1960
  • Building area:5,492 sq. ft.
  • Lot area:0.17 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,599,999
  • Price per sq. ft.:$291.33

Features and amenities

  • Appliances:Dishwasher, Dryer
  • Laundry features:Dryer
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:5
  • Parking description:Assigned
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