1032 S Westlake Avenue
Los Angeles, CA 90006
6
Bed
4
Bath
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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Interior Features
GraniteCounters, HighCeilings, WalkInPantry, WalkInClosetsRoof: CompositionAppliances: GasOven, GasRange, GasWaterHeater, Refrigerator, WaterHeaterLaundry Features: WasherHookup, GasDryerHookup -
Heating & Cooling
Heating: None Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1902Building Area Total: 3736Construction Materials: VinylSidingStories: 2Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 7502 Lot Size Acres: 0.1722 Lot Size Source: Assessor Lot Size Square Feet: 7,502 Lot Description: SprinklersNoneProperty Information
Subdivision: Not Applicable Source Property Type: ResidentialIncome Property SubType: Single Family Residence Direction Faces: West Levels: Two Property Age: 124
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Listing Price Information
Listing Price: $1000000Original Price: $1100000Cash, CashToNewLoan
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Tax Information
Parcel Number: 5136011005 Tax Lot: 13 Tax Block: F
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Virtual Tour
Parking Information
Parking Total: 7 Concrete
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Utility Information
ElectricityConnected, NaturalGasAvailable, SewerConnected, WaterConnected -
Location Information
Direction: Between Olympic and W 11th. East of Hoover. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1016 S Westlake Avenue, Los Angeles, CA, 90006 | $1,699,999 | 16 | 8 | 5,492 | 7,503 Sq. Ft |
| 1242 S Bonnie Brae, Los Angeles, CA, 90006 | $740,000 | 4 | 2 | 2,207 | 5,625 Sq. Ft |
| 1147 S Westlake Avenue, Los Angeles, CA, 90006 | $949,000 | 4 | 3 | 2,110 | 5,412 Sq. Ft |
| 1324 S Westlake Avenue, Los Angeles, CA, 90006 | $800,000 | 8 | 5 | -- | 8,669 Sq. Ft |
| 977 Arapahoe Street, Los Angeles, CA, 90006 | $1,800,000 | 7 | 6 | 4,542 | 8,542 Sq. Ft |
| 2300 W 12th Street, Los Angeles, CA, 90006 | $1,295,000 | 9 | 6 | 4,032 | 6,274 Sq. Ft |
| 1605 S Bonnie Brae Street, Los Angeles, CA, 90006 | $785,000 | 5 | 3 | 2,294 | 5,876 Sq. Ft |
| 1136 Arapahoe, Los Angeles, CA, 90006 | $1,360,000 | 4 | 8 | -- | 7,252 Sq. Ft |
| 1611 S Bonnie Brae Street, Los Angeles, CA, 90006 | $625,000 | 4 | 2 | 1,378 | 6,380 Sq. Ft |
| 1617 S Bonnie Brae Street, Los Angeles, CA, 90006 | $950,000 | 4 | 4 | 4,222 | 6,379 Sq. Ft |
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ByOwner last updated this listing 09/25/2026 @ 19:47
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