1016 South Westlake Avenue Los Angeles, CA ^$ 1,599,999

1016 South Westlake Avenue

^$ 1,599,999

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1016 South Westlake Avenue

Los Angeles, CA, 90006

^$ 1,599,999

Bedrooms-- Baths0.0 Sq 5,492

Monthly Estimate*

^$ 11,051

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

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

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

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

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

Multi-Family Home for sale in Los Angeles, CA

for $1,599,999. This 5,492 square foot home was built in 1960 on a lot size of 0.17.

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

^$ 1,599,999

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.17

Year Built

1960

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026998473

Features

General

Living Area 5492

Heating Wall Furnace

Zoning LAR3

Year Built 1960

Levels Two

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Senior Community Y/N false

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

Laundry Features Dryer Included

Total Baths 0

Exterior

Parking Features Assigned

Lot Size Area 7503

Building Area Total 5492

Lot Size Acres 0.17

* Excluded Features

List By

Kyle Buckley

Listing Agent

Lyra Residential Inc.

Broker

100kjbucks@gmail.com

Affordability Calculator

$11,051

Per Month

Monthly Principal & Interest: $11,051
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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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 ^$1,923,041

Percent of Sale Price 20%

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

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2026	$1,599,999	-5.88%	Price Down
10/8/2026	$1,699,999		Listed Price

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1016 South Westlake Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,599,999 with 5,492 sqft and a lot size of 0.17. 1016 South Westlake Avenue has 0.0 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 10/23/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1016 South Westlake Avenue

Multi-Family Home for sale in Los Angeles, CA

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