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1020 S Westlake AvenueLos Angeles, CA 90006

For Sale

$1,400,000

Smart Buyer Rebate $14,000

This income property on Olympic Blvd is an excellent investment opportunity in Los Angeles. Designated and permitted as a rooming house, each room can be rented out for passive income. Currently fully occupied, the property promises a steady stream of rental income, and its prime location just a short walk from the LA Live entertainment district makes it an ideal investment for growth potential. Don't miss out on the chance to earn a healthy return on your investment with this high-yielding property.

Listed by Frank Kim

·

License #01342449

·

Fox Industrial Realty

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213-744-1556

Last updated September 02, 2025

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Source: CRMLS #25556069

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico Union
  • Bedrooms4
  • Days on Prevu173
  • Size2,775 sqft
  • Price per sqft$505

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$1,400,000
10/21/2025
Status changed to Removed from Feed
$1,400,000
10/18/2025
Status changed to Active
$1,400,000
10/16/2025
Status changed to Removed from Feed
$1,400,000
10/05/2025
Status changed to Active
$1,400,000
10/03/2025
Status changed to Removed from Feed
$1,400,000
09/21/2025
Status changed to Active
$1,400,000
09/19/2025
Status changed to Removed from Feed
$1,400,000
09/18/2025
Status changed to Active
$1,400,000
09/16/2025
Status changed to Removed from Feed
$1,400,000
09/12/2025
Status changed to Active
$1,400,000
09/09/2025
Status changed to Removed from Feed
$1,400,000
09/08/2025
Status changed to Active
$1,400,000
09/06/2025
Status changed to Removed from Feed
$1,400,000
09/05/2025
Status changed to Active
$1,400,000
09/04/2025
Status changed to Removed from Feed
$1,400,000
06/20/2025
Listed by Fox Industrial Realty
$1,400,000

Property Details for 1020 S Westlake Avenue

Exterior

Construction

  • Number Of Units Total: 6
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1903
  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Entry Location: Ground Level w/steps

Features

  • Direction Faces: West

Measurements

  • Building Area Total: 2,775
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,502
  • Lot Size Square Feet: 7,502
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $95,484.00

Taxes

  • Parcel Number: 5136011003

Interior

Features

  • Appliances: Disposal, Refrigerator

Measurements

  • Living Area: 2,775

Rooms

  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4

Parking

Parking

  • Carport: Yes
  • Open Parking Spaces: 6
  • Parking Features: Assigned, Carport, Gated, Private
  • Parking Total: 8

Utilities

Equipment

  • Heating: Floor Furnace
  • Has Heating: Yes
  • Sewer: Other

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 4 bedrooms in this multi-family home at 1020 S Westlake Avenue.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 1020 S Westlake Avenue.

How does 1020 S Westlake Avenue compare to other multi-family homes in Pico Union?

This multi-family home is listed 26% below the average price for multi-family homes in Pico Union and has been on the market for 58 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,775 sqft.

1020 S Westlake Avenue is a 4-bedroom multi-family home for sale in Los Angeles CA 90006. Available on Prevu for 173 days at $1,400,000. This property features 2,775 square feet of living space, located in Pico Union. The median listing price for multi-family homes in this area is $1,200,000. Property amenities include parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.