1324 S Westlake Avenue, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1324 S Westlake Avenue,Los Angeles, CA 90006
$975,000
- 8 Beds
- - Baths
- 4,232 sq. ft.
- Multi-family
- Active
Listed by: marlin dginguerian
Office: johnhart real estate
MLS#:CRGD25118136
Source:CA_BRIDGEMLS
Price summary
- Price:$975,000
- Price per sq. ft.:$230.39
About this home
Discover an exceptional business opportunity in a prime Los Angeles location! Recently approved by the Historical Preservation Overlay Zone (HPOZ) and LADBS for the property's renovation plans where the scope of work features upgrades to plumbing, electrical (where needed), and roofing, as well as complete renovations of all bathrooms, kitchen, flooring, and paint throughout, enhancing fit and finish in every room. This historical Craftsman property in the heart of Pico Union District currently stands as an 8-room house with 5 bathrooms and offers substantial rental income potential. Located minutes from USC, Downtown LA, Crypto Arena, and Koreatown, it's perfectly positioned for student housing, short-term renters, or urban professionals. The home also an oversized formal living room and dining room with original historical architecture and high ceilings. The home has central heating throughout and includes plenty of off street parking and a perimeter security fence. With flexible LARD 1.5 zoning, permitted uses of the home include Boarding House, Hotel, Transient Lodgings, and Hostel. However, Investors have the unique advantage of maximizing income potential by also tapping into Los Angeles city programs to fund housing for the homeless in all 8 bedrooms, creating income while
Contact an agent
Home facts
- Year built:1903
- Listing ID #:CRGD25118136
- Added:226 day(s) ago
- Updated:January 09, 2026 at 03:27 PM
Rooms and interior
- Bedrooms:8
- Living area:4,232 sq. ft.
Structure and exterior
- Year built:1903
- Building area:4,232 sq. ft.
- Lot area:0.2 Acres
Finances and disclosures
- Price:$975,000
- Price per sq. ft.:$230.39
New listings near 1324 S Westlake Avenue
- New
$1,995,000Active5 beds 4 baths3,520 sq. ft.5516 W 82nd Street, Los Angeles, CA 90045
MLS# CL25631371Listed by: COMPASS - New
$835,000Active4 beds 2 baths1,442 sq. ft.1969 Heidleman Road, Los Angeles, CA 90032
MLS# CL26632335Listed by: KELLER WILLIAMS BEVERLY HILLS - New
$1,395,000Active2 beds 3 baths1,721 sq. ft.1414 S Beverly Glen Boulevard #301, Los Angeles, CA 90024
MLS# CL26632731Listed by: COMPASS - New
$2,500,000Active0.48 Acres1128 N Tigertail Road, Los Angeles, CA 90049
MLS# CL26633327Listed by: COMPASS - New
$1,849,000Active4 beds 3 baths2,308 sq. ft.12614 Morrison Street, Valley Village, CA 91607
MLS# CL26633901Listed by: RODEO REALTY - New
$2,950,000Active0.17 Acres15305 De Pauw Street, Pacific Palisades (los Angeles), CA 90272
MLS# CL26634477Listed by: THE AGENCY - New
$995,000Active5 beds -- baths2,138 sq. ft.3431 9th Avenue, Los Angeles, CA 90018
MLS# CL26634489Listed by: FIGURE 8 REALTY - New
$1,049,000Active3 beds 2 baths1,651 sq. ft.7045 Varna Avenue, North Hollywood (los Angeles), CA 91605
MLS# CL26634869Listed by: REAL BROKER - New
$3,898,000Active4 beds 5 baths3,175 sq. ft.2013 Louella Avenue, Venice (los Angeles), CA 90291
MLS# CL26634909Listed by: COMPASS - New
$546,000Active3 beds 2 baths1,322 sq. ft.1200 W 94th Street, Los Angeles, CA 90044
MLS# CL26634919Listed by: COLDWELL BANKER REALTY