1032 S Westlake Avenue, Los Angeles, CA 90006
Local realty services provided by:CENTURY 21 Affiliated
1032 S Westlake Avenue,Los Angeles, CA 90006
$1,100,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: esther clauson
Office: keller williams los angeles
MLS#:P1-26606
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,100,000
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 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, permits were initiated to add rooms and convert the home into multi units. Home was previously in the process of being remodeled....
Contact an agent
Home facts
- Listing ID #:P1-26606
- Added:70 day(s) ago
- Updated:June 18, 2026 at 02:03 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Roof:Composition
- Construction Materials:Vinyl
- Levels:2 Story
Finances and disclosures
- Price:$1,100,000
New listings near 1032 S Westlake Avenue
- New
$875,000Active3 beds 3 baths1,380 sq. ft.8541 Alcott Street #101, Los Angeles, CA 90035
MLS# CL26845711Listed by: BEVERLY & COMPANY LUXURY PROPERTIES - New
$1,595,000Active4 beds 3 baths2,749 sq. ft.18120 Jaguar Court, Tarzana (los Angeles), CA 91335
MLS# ML82051417Listed by: PINNACLE REALTY ADVISORS - New
$1,599,000Active9 beds 8 baths1115 N Madison, Los Angeles, CA 90029
MLS# CV26099977Listed by: EXP REALTY OF GREATER LOS ANGELES - New
$1,300,000Active4 beds 3 baths2,142 sq. ft.800 N Hobart, Los Angeles, CA 90029
MLS# PF26132189Listed by: THE AGENCY - New
$2,985,000Active4 beds 4 baths3,663 sq. ft.5110 Orange, Los Angeles, CA 90008
MLS# SR26132110Listed by: RODEO REALTY - New
$699,950Active3 beds 3 baths1,599 sq. ft.13265 Parkland, Sylmar, CA 91342
MLS# SR26132629Listed by: PARK REGENCY REALTY - Open Sat, 1 to 4pmNew
$1,299,995Active4 beds 3 baths2,436 sq. ft.18778 Algiers Street, Porter Ranch, CA 91326
MLS# SR26131935Listed by: PARK REGENCY REALTY - New
$699,000Active5 beds -- baths2,247 sq. ft.186 E Vernon Avenue, Los Angeles, CA 90011
MLS# CL26848321Listed by: KIDDER MATHEWS OF CALIFORNIA, INC. - New
$1,250,000Active4 beds -- baths2,336 sq. ft.12029 Washington Place, Los Angeles, CA 90066
MLS# CL26848573Listed by: PARDEE PROPERTIES - New
$2,795,000Active12 beds -- baths6,036 sq. ft.1197 Browning Boulevard, Los Angeles, CA 90037
MLS# CL26848695Listed by: COMPASS