1032 S Westlake Avenue
Los Angeles, CA 90006
0
Bed
0
Bath
3,736Sqft
7,502Sqft(Lot)
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 i
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 0Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Composition Interior Features: Granite Counters,High Ceilings,Walk-In Pantry,Walk-In Closet(s) Property Appliances: Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Water Heater Flooring: Laminate -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
None Has HeatingFireplace
Has Fireplace: 1
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Building Information
Year Built: 1902 Building Area Total: 3,736 Construction: Vinyl Siding Roof: Composition Has Basement -
Accessibility Features
Safe Emergency Egress from Home,ParkingPool Features
NoneLaundry Features
Washer Hookup,Gas Dryer HookupFencing
Chain Link
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1722 -
Lot Size Source: Assessor Lot Size Square Feet: 7502
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Listing Price Information
Original List Price: 1,000,000 Listing Contract Date: 2026-02-03 -
Lease Information
Listing Agreement: Probate
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Tax Information
Parcel Number: 5136011005
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Garage and Parking
Garage Description: ConcreteHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Directions: Between Olympic and W 11th. East of Hoover. Zoning: LAR3 Source Property Type: Residential Income Area: C42 - Downtown L.A. Property SubType: Single Family Residence -
Building and Construction
Property Age: 124 Common Walls: 2+ Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Entry Location: multiple Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1817 W 12th Street, Los Angeles, CA, 90006 | $1,599,000 | 7 | -- | 3,308 | 3,308 SqFt |
| 1242 S Bonnie Brae, Los Angeles, CA, 90006 | $740,000 | 4 | 2 | 2,207 | 2,207 SqFt |
| 1147 S Westlake Avenue, Los Angeles, CA, 90006 | $975,000 | 4 | 1 | 2,110 | 2,110 SqFt |
| 2694 James M Wood Boule.., Los Angeles, CA, 90006 | $1,795,000 | 3 | -- | 3,399 | 3,399 SqFt |
| 1703 S Burlington Avenue, Los Angeles, CA, 90006 | $1,195,000 | 5 | -- | 3,604 | 3,604 SqFt |
| 1136 Arapahoe, Los Angeles, CA, 90006 | $1,400,000 | -- | -- | 5,040 | 5,040 SqFt |
| 1826 S Bonnie Brae Stre.., Los Angeles, CA, 90006 | $849,900 | 6 | -- | 2,804 | 2,804 SqFt |
| 1333 Arapahoe Street, Los Angeles, CA, 90006 | $995,000 | 5 | 3 | 2,626 | 2,626 SqFt |
| 1415 Arapahoe Street, Los Angeles, CA, 90006 | $1,600,000 | 6 | 4 | 3,641 | 3,641 SqFt |
| 1118 Elden Avenue, Los Angeles, CA, 90006 | $1,995,000 | 8 | -- | 4,890 | 4,890 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 07:07
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