Home | Los Angeles County | Los Angeles | 90006 | 1032 S Westlake Ave
MLS: CRP1-26606 | Status: Active | Price: $1,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,502 | 1902 |
Exceptional investment opportunity in a prime Koreatown / Westlake location. The process to convert the home into a duplex plus back unit began in 2019. 1032 S Westlake Ave offers versatile multi-unit potential with strong income potential. The property is zoned LAR3 with Transient Lodging use and is located within an R3-1-HPOZ Historic Preservation Overlay Zone, presenting redevelopment and value-add possibilities. Located just blocks from the Westlake/MacArthur Park station, the surrounding neighborhood offers proximity to popular destinations including USC and Loyola Law School, Crypto Arena and Downtown LA, providing convenient access to major employment hubs throughout Los Angeles near Koreatown. There is ample parking for 7 cars with convenient alley access. With strong potential income, multi unit configuration possibilities, and redevelopment upside, this offering presents a compelling opportunity for investors seeking a centrally located asset, especially with the highly anticipated upcoming sports events of 2028.See floor plan reflecting the following: Upstairs: 3 Bedrooms / 2 Bathrooms Bottom: 2 Bedrooms / 1 Bathroom plus separate 1 bedroom with 1 bathroom Rear: 1 Bedroom / 2 Bathrooms. Per the Special Administrator, permits were initiated to add rooms and convert t
| Field | Value |
|---|---|
| MLS # | CRP1-26606 |
| MLS Source | California Regional MLS |
| Days on Site | 14 |
| Feature | Details |
|---|---|
| Kitchen | Pantry |
| Appliances | Other, Oven - Gas, Oven Range - Gas, Refrigerator |
| Flooring | Laminate |
| Cooling | Window/Wall Unit |
| Heating | No Heating |
| Feature | Details |
|---|---|
| Roof | Composition |
| Pool | None |
| Style | Bungalow |
| Feature | Details |
|---|---|
| Garage/Parking | Other, Garage: 0 Car(s) |
| HOA Fee | $0 |
Esther Clauson
Keller Williams Los Angeles
License #: 02031778
Phone: (626) 244-7480
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 1 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,288 | – | 0/0 | – |
| 2 | 1,931 | – | 0/0 | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 519 N Alexandria | $1,150,000 | – | – | – | Contingent |
| 2756 W 15th St | $1,070,000 | – | – | – | Active |
| 2942 W 12th | $1,150,000 | – | – | – | Active |
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This listing information is up-to-date as of April 22, 2026. For the most current information, please contact Esther Clauson, (626) 244-7480.