1016 S Westlake Avenue Los Angeles, CA ^$ 1,699,999

1016 S Westlake Avenue

^$ 1,699,999

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Recently Listed

1016 S Westlake Avenue

Los Angeles, CA, 90006

^$ 1,699,999

Bedrooms16 Baths1.0 Sq 5,492

Monthly Estimate*

^$ 11,741

Listed by Kyle Buckley, Lyra Residential Inc., 100kjbucks@gmail.com

1016 S Westlake Avenue, Los Angeles, CA 90006 - Image 1

1016 S Westlake Avenue, Los Angeles, CA 90006 - Image 2

1016 S Westlake Avenue, Los Angeles, CA 90006 - Image 3

1016 S Westlake Avenue, Los Angeles, CA 90006 - Image 4

1016 S Westlake Avenue, Los Angeles, CA 90006 - Image 5

Multi-Family Home for sale in Los Angeles, CA

for $1,699,999 with 16 bedrooms and 1 full bath. This 5,492 square foot home was built in 1960 on a lot size of 0.1722.

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.

Multi-Family Active

Price

^$ 1,699,999

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1722

Year Built

1960

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26998473

Days on Market

Features

General

Living Area 5492

Heating Wall Furnace

Appliances Dishwasher Dryer

Zoning LAR3

Year Built 1960

Stories Count 2

Levels Two

Gross Income 166405

County Los Angeles

Net Operating Income 115331

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Near olympic

City Los Angeles

Senior Community Y/N false

Number Of Units Total 8

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 7503

Standard Status Active

Interior

Interior Amenities Ceiling Fan(s)

Flooring Wood

Total Stories 0

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 16

Total Baths 8

Exterior

Parking Features Assigned

Total Parking 5

Lot Size Area 7503

Number of Buildings 1

Building Area Total 5492

Lot Size Acres 0.1722

* Excluded Features

List By

Kyle Buckley

Listing Agent

Lyra Residential Inc.

Broker

100kjbucks@gmail.com

Affordability Calculator

$11,741

Per Month

Monthly Principal & Interest: $11,741
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,911,026

Percent of Sale Price 12%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/8/2026	$1,699,999		Listed Price

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1016 S Westlake Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,699,999 with 5,492 sqft and a lot size of 0.1722. 1016 S Westlake Avenue has 16 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/13/2026. 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.

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1016 S Westlake Avenue

Multi-Family Home for sale in Los Angeles, CA

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