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
- - Beds
- - Baths
- 4,232 sq. ft.
- Multi-family
- Active
Listed by: marlin dginguerian
Office: johnhart real estate
MLS#:CRGD25118136
Source:CAMAXMLS
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
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Home facts
- Year built:1903
- Listing ID #:CRGD25118136
- Added:182 day(s) ago
- Updated:November 26, 2025 at 03:02 PM
Rooms and interior
- 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
Bay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 26, 2025New listings near 1324 S Westlake Avenue
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