1032 Westlake Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1032 Westlake Avenue,Los Angeles, CA 90006
$1,000,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: esther clauson
Office: keller williams los angeles
MLS#:P1-26606
Source:MLSListings

Price summary

  • Price:$1,000,000

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
  • Listing ID #:P1-26606
  • Added:172 day(s) ago
  • Updated:September 28, 2026 at 04:28 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Pantry, Refrigerator

Heating and cooling

  • Cooling:Window/Wall Unit
  • Heating:No Heat

Structure and exterior

  • Roof:Composition
  • Year built:1902
  • Lot area:0.17 Acres
  • Architectural Style:Bungalow

Utilities

  • Water:District - Public, Hot Water

Finances and disclosures

  • Price:$1,000,000

Features and amenities

  • Laundry features:Gas Hook-up
  • Amenities:High Ceiling

Parking

  • Parking description:Other
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