1324 Westlake Avenue, Los Angeles

$1,088,888

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11 Beds
5 Baths
4,232 Sqft
.2 Acre
0 Garage

Amazing investment opportunity to own a rental income producing property in the heart of Los Angeles Pico-union area close to USC, Koreatown, & downtown La Crypto arena. Beautiful historical craftsman residence currently being operated as a rooming house. Current allowable uses per city & zoning lard1.5 ordinances are Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel. There are also many conversion possibilities to multi-family and or adding additional Adu units. Perfect for student housing! Property is securely gated and has plenty of parking in the rear through alley entrance approximately 8-10 cars! Current approved use as per certificate of occupancy is 1-family dwelling & 5 rooms. Buyers to verify with department of building & safety.

Essential Information

MLS® #
GD24060439
Price
$1,088,888
Bedrooms
11
Bathrooms
5.00
Full Baths
5
Square Footage
4,232
Acres
0.20
Year Built
1903
Type
Residential
Sub-Type
Single Family Residence
Style
Craftsman
Status
Active

Community Information

Address
1324 Westlake Avenue
Area
KREA - Koreatown
City
Los Angeles
County
Los Angeles
Zip Code
90006
Community Features
Suburban, Sidewalks
Senior Community
N

Amenities

Parking Spaces
8
Parking
On Site, Paved
Garages
On Site, Paved
View
None
Pool
None

Interior

Interior Features
High Ceilings
Cooling
None
Fireplaces
None
# of Stories
2
Stories
Two

Exterior

Lot Description
Back Yard, Front Yard
Windows
Wood Frames

School Information

District
Los Angeles Unified

Additional Information

Date Listed
March 28th, 2024
Days on Market
54
Zoning
LARD1.5

Listing Details

Agent
Xochitl Rosales
Office
Socal City Properties

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Based on information from California Regional Multiple Listing Service, Inc. as of May 21st, 2024 at 12:45pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.