1032 S Westlake Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1032 S Westlake Avenue,Los Angeles, CA 90006
$1,000,000
  • - Beds
  • - Baths
  • 3,736 sq. ft.
  • Multi-family
  • Active
Listed by: esther clauson
Office: keller williams los angeles213-797-7000
MLS#:P1-26606
Source:CRMLS

Price summary

  • Price:$1,000,000
  • Price per sq. ft.:$267.67

About this home

Exceptional investment opportunity in a prime Koreatown / Westlake location. The process to convert the home into a duplex plus back unit began in 2019. 1032 S Westlake Ave offers versatile multi-unit potential with strong income potential. The property is zoned LAR3 with Transient Lodging use and is located within an R3-1-HPOZ Historic Preservation Overlay Zone, presenting redevelopment and value-add possibilities. Located just blocks from the Westlake/MacArthur Park station, the surrounding neighborhood offers proximity to popular destinations including USC and Loyola Law School, Crypto Arena and Downtown LA, providing convenient access to major employment hubs throughout Los Angeles near Koreatown. There is ample parking for 7 cars with convenient alley access. With strong potential income, multi unit configuration possibilities, and redevelopment upside, this offering presents a compelling opportunity for investors seeking a centrally located asset, especially with the highly...

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Home facts

  • Year built:1902
  • Subdivision & Development:Not Applicable
  • Listing ID #:P1-26606
  • Added:120 day(s) ago
  • Updated:August 07, 2026 at 10:51 AM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Gas Oven, Gas Range, Refrigerator
  • Basement:Yes
  • Living area:3,736 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units

Structure and exterior

  • Roof:Composition
  • Year built:1902
  • Building area:3,736 sq. ft.
  • Lot area:0.17 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Vinyl Siding
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,000,000
  • Price per sq. ft.:$267.67

Features and amenities

  • Amenities:Gas Water Heater, Granite Counters, High Ceilings, Walk In Closets, Walk In Pantry, Water Heater

Parking

  • Total parking spaces:7
  • Parking description:Concrete
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