1016 S Westlake Avenue, Los Angeles

$1,699,999

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10

Beds

7

Baths

5,492

Square feet

0.17

Acres

About 1016 S Westlake Avenue

An excellent opportunity to acquire an 8-unit multifamily property in the highly centralized Westlake/Pico-Union area of Los Angeles. The property consists of approximately 5,492 square feet of building area situated on a 7,501-square-foot lot, with LAR3 zoning offering potential flexibility for an investor looking to acquire a well-located Los Angeles multifamily asset. The property is positioned near Westlake/MacArthur Park, Koreatown, Downtown Los Angeles, and major employment and transportation corridors, providing residents convenient access to restaurants, retail, entertainment, employment centers, and public transportation. The Westlake/MacArthur Park Metro station is located nearby, further enhancing this property's accessibility.

Features of 1016 S Westlake Avenue

MLS® # 26998473
Price $1,699,999
Bedrooms 10
Bathrooms 7.00
Square Footage 5,492
Acres 0.17
Year Built 1960
Type Residential Income
Status Active

Community Information

Address 1016 S Westlake Avenue
Area C42 - Downtown L.A.
City Los Angeles
County Los Angeles
Zip Code 90006

Amenities

Parking Spaces 5
Parking Assigned
Garages Assigned
Is Waterfront No
Has Pool No

Interior

Interior Wood
Interior Features Ceiling Fan(s)
Appliances Dishwasher, Dryer
Heating Wall Furnace
Has Basement No
Fireplace No
Stories Two

Additional Information

Date Listed October 7th, 2026
Days on Market 7
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentKyle Buckley
OfficeLyra Residential Inc.

Listing Map

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