Under Contract

229 S Westlake Avenue

Los Angeles, CA 90057
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt6,150

Sqft

SqFt6,254

Sqft(Lot)

We are pleased to present a twelve (12) unit apartment building located at 229 S Westlake Ave in Los Angeles, California. The subject property is located in a good Echo Park-adjacent location, just south of Beverly Blvd and east of Alvarado St. Located in a strong Echo Park-adjacent location, the property features a streamlined unit mix of twelve (12) studio units and classic Spanish-style architecture. Recent capital improvements include a new sewer line, upgraded electrical systems, and upgraded copper lateral plumbing lines. The property is separately metered for gas and electricity and includes an on-site laundry facility. A rear courtyard and basement present potential ADU conversion opportunities for additional rental upside (buyer to verify). The property benefits from immediate acc ess to the 101 and 110 Freeways, the Metro B Line at Westlake/MacArthur Park Station, and major commercial corridors including Beverly Blvd, Alvarado St, Temple St, and 3rd St. Nearby amenities include Echo Park Lake, Vista Hermosa Park, dining, shopping, and entertainment options. With recent capital improvements, attractive ADU conversion potential, classic Spanish-style architecture, and a solid Echo Park-adjacent location near major transit corridors and neighborhood amenities, the property offers a compelling value-add opportunity in one of Los Angeles' most dynamic rental markets.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,895,000

AD Id : 79496570

MLS Id : 26840491

Lot Size : 6,254 Sqft

Living Area Size : 6,150

Year Built : 1926

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 0

    Bathroom Information

    Total Baths: 12 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1926 Building Area Total: 6,150

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1436
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6254

  • Listing Price Information

    Original List Price: 1,895,000 Listing Contract Date: 2026-05-29
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5154005003

  • Garage and Parking

    Garage Description: None

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: C42 - Downtown L.A. Directions: South of Beverly Blvd and east of Alvarado St Zoning: LAR3 Source Property Type: Residential Income Area: C42 - Downtown L.A.
  • Building and Construction

    Property Age: 100 Year Built Source: Vendor Enhanced Total Square Feet Living: 6150 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
161 S Burlington Avenue, Los Angeles, CA, 90057 $4,200,000 18 -- 6,874 6,874 SqFt
136 S Westlake Avenue, Los Angeles, CA, 90057 $1,850,000 -- -- 10,040 10,040 SqFt
127 S Westlake Avenue, Los Angeles, CA, 90057 $895,000 4 1 2,270 2,270 SqFt
272 S Burlington, Los Angeles, CA, 90057 $925,000 2 -- 2,778 2,778 SqFt
272 S Burlington, Los Angeles, CA, 90057 $925,000 -- -- 2,778 2,778 SqFt
1803 Maryland Street, Los Angeles, CA, 90057 $1,249,000 6 -- 4,083 4,083 SqFt
502 S Westlake Avenue, Los Angeles, CA, 90057 $2,800,000 2 -- 13,539 13,539 SqFt
107 S Rampart Boulevard, Los Angeles, CA, 90057 $998,888 5 2 2,248 2,248 SqFt
2731 Beverly Boulevard, Los Angeles, CA, 90057 $8,895,000 66 -- 24,795 24,795 SqFt
314 S Coronado Street, Los Angeles, CA, 90057 $1,100,000 4 -- 2,340 2,340 SqFt

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ByOwner last updated this listing 06/20/2026 @ 02:34

MLS: 26840491 LISTED BY: Jason Tuvia, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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