1032 S Westlake Avenue, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1032 S Westlake Avenue,Los Angeles, CA 90006
$1,100,000
- 6 Beds
- - Baths
- 3,736 sq. ft.
- Multi-family
- Active
Listed by: esther clauson
Office: keller williams los angeles
MLS#:CRP1-26606
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$294.43
About this home
This is a probate sale requiring court confirmation and is subject to overbidding process. Sale is as-is. Exceptional investment opportunity in a prime Koreatown / Westlake location. 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 (buyer to verify). 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 anticipated upcoming sports events of 2028.See floor plan reflecting the following: Upstairs: 3 Bedrooms / 2 Bathrooms Bottom: 2 Bedrooms / 1 Bathroom plus separate 1 bedroom with 1 bathroom Rear: 1 Bedroom / 2 Bathrooms. Per the Special Administrator, perm...
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Home facts
- Year built:1902
- Listing ID #:CRP1-26606
- Added:1 day(s) ago
- Updated:April 09, 2026 at 01:32 PM
Rooms and interior
- Bedrooms:6
- Flooring:Laminate
- Living area:3,736 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
Structure and exterior
- Year built:1902
- Building area:3,736 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Vinyl Siding
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$294.43
Features and amenities
- Appliances:Gas Water Heater
- Laundry features:Gas Dryer Hookup
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