USACALos AngelesNot Applicable1032 S Westlake Ave
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1032 S Westlake Ave, Los Angeles, CA

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,100,000

007

MLS® P1-26606

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 33
Approx. Age 1902
MLS® Number P1-26606

Property Address: 1032 S Westlake Ave, Los Angeles, CA, 90006-3718

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberP1-26606
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher Hookup, Gas Dryer Hookup
Exposure
Exterior
GarageNo
Approx. Age1902
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Refrigerators, washer, and dryer in upstairs unit; stoves throughout

Rooms

Change to metres

Other:Not available
Other:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$1,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
1032 S Westlake Ave, Los Angeles, CA

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