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1324 S Westlake Avenue S

Los Angeles, CA 90006

11 beds
5 baths
4,232 sqft
8,669 sqft lot
$257 per sqft
1903 build
– on site

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.

Listed By CRMLS_CA / Xochitl Rosales / Socal City Properties / robert@cusagroup.com

Last checked: Checking… • Last updated Apr 1, 2024 •

MLS# GD24060439 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1903
Year Built Source:

Public Records
New Construction:

No
Architectural Style:

Craftsman
Structure Type:

House
Entry Level:

2
Patio:

1
Patio And Porch Features:

Front Porch, Wood
Common Walls:

No Common Walls
Total Number Of Units:

1
Stories Total:

2

Interior

Features:

High Ceilings
Levels:

Two
Entry Location:

front
Window Features:

Wood Frames
Room Type:

Living Room, Multi-Level Bedroom
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

No
Fireplace:

None
Laundry:

In Kitchen
Laundry:

1

Room Dimensions

Living Area:

4232.00

Location

Directions:

110 south fwy exit Convention center and pico Blvd head west on pico/ cross street is Pico Blvd
Latitude:

34.04579100
Longitude:

-118.28176200

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Zoning:

LARD1.5
Lot Features:

Back Yard, Front Yard
Lot Size Area:

8669.0000
Lot Size Acres:

0.1990
Lot Size SqFt:

8669.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wrought Iron
Fence:

Yes
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2243.10
Tax Tract:

224...
Tax Lot:

11

Beds

Total Bedrooms:

11
Main Level Bedrooms:

5

Baths

Total Baths:

5
Full & Three Quarter Baths:

5
Main Level Baths:

3
Full Baths:

5

The Listing

Buyer's Brokerage Compensation:

3.000%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$3
Parcel Number:

5135004002

Heating & Cooling

Cooling:

No
Cooling:

None

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

High School District:

Los Angeles Unified

The Community

Subdivision:

the alvarado terrace tract
Senior Community:

No
Neighborhood:

pico-union
Features:

Sidewalks, Suburban
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Paved, On Site
Parking Spaces:

8.00
Uncovered Spaces:

8.00

Monthly cost estimate

Asking price

$1,088,888

Expense	Monthly cost
Mortgage	$5,830
Taxes	N/A
Insurance	$299
Utilities	$241 See report
Total	$6,370/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

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Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price
3/28/24 Mar 28, 2024	Listed / Active	CRMLS_CA	$1,088,888
6/27/13 Jun 27, 2013	Sold	CRMLS_CA
6/27/13 Jun 27, 2013	Sold	CRMLS_CA

36% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $90k above asking price on average, but some went as high as $311k over asking price.

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This house located in Central La, Los Angeles, CA 90006 is currently for sale for $1,088,888. 1324 S Westlake Avenue S is a 4,232 square foot house with 11 beds and 5 baths that has been on Estately for 21 days. 1324 S Westlake Avenue S is in the Central La neighborhood of Los Angeles and has a WalkScore® of 90, making it very walkable. This house is in the attendance area of Magnolia Avenue Elementary School, West Adams Preparatory High School, and Berendo Middle School.

Listing Courtesy of: CRMLS_CA and Socal City Properties. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 18.

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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.