Home | Los Angeles County | Los Angeles | 90006 | 1324 S Westlake Ave
MLS: CRGD26008189 | Status: Active | Price: $900,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 8,669 | 1903 |
Discover an exceptional business opportunity in a prime Los Angeles location! Recently approved by the Historical Preservation Overlay Zone (HPOZ) and LADBS for the property's renovation plans where the scope of work features upgrades to plumbing, electrical (where needed), and roofing, as well as complete renovations of all bathrooms, kitchen, flooring, and paint throughout, enhancing fit and finish in every room. This historical Craftsman property in the heart of Pico Union District currently stands as an 8-room house with 5 bathrooms and offers substantial rental income potential. Located minutes from USC, Downtown LA, Crypto Arena, and Koreatown, it's perfectly positioned for student housing, short-term renters, or urban professionals. The home also an oversized formal living room and dining room with original historical architecture and high ceilings. The home has central heating throughout and includes plenty of off street parking and a perimeter security fence. With flexible LARD 1.5 zoning, permitted uses of the home include Boarding House, Hotel, Transient Lodgings, and Hostel. However, Investors have the unique advantage of maximizing income potential by also tapping into Los Angeles city programs to fund housing for the homeless in all 8 bedrooms, creating income wh
| Field | Value |
|---|---|
| MLS # | CRGD26008189 |
| MLS Source | California Regional MLS |
| Days on Site | 140 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Marlin Dginguerian
JohnHart Real Estate
License #: 01930762
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 1 |
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This listing information is up-to-date as of May 27, 2026. For the most current information, please contact Marlin Dginguerian.