1324 South Westlake Avenue

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Active
$800,000
Est: $5,571/moGet pre-approved
8 beds5 baths4,232 sqft

1324 S Westlake Ave, Los Angeles, CA 90006

Mixed UseProperty Type
0.20 acresLot Size
1903Year Built
$189/sq ftPrice per sq ft

Description

Discover an exceptional investment opportunity in a prime Los Angeles location! The property includes HPOZ and LADBS-approved renovation plans, which include upgrades to plumbing, electrical systems as needed, and roofing, as well as renovations of the bathrooms, kitchen, flooring, and interior paint throughout. This historic Craftsman property offers multiple private rooms and five bathrooms, creating a unique residential income opportunity in the heart of the Westlake/Pico-Union area. Located minutes...Discover an exceptional investment opportunity in a prime Los Angeles location! The property includes HPOZ and LADBS-approved renovation plans, which include upgrades to plumbing, electrical systems as needed, and roofing, as well as renovations of the bathrooms, kitchen, flooring, and interior paint throughout. This historic Craftsman property offers multiple private rooms and five bathrooms, creating a unique residential income opportunity in the heart of the Westlake/Pico-Union area. Located minutes from USC, Downtown Los Angeles, Crypto.com Arena, and Koreatown, the property is well positioned for shared housing, workforce housing, student housing, co-living, or long-term residential occupancy. The home also features an oversized formal living room and dining room with original historic architecture and high ceilings. Additional features include central heating, on-site gated parking area, and a secured perimeter fence. With RD1.5-1-HPOZ zoning, the property presents a unique value-add opportunity for investors. Buyers should verify all permitted uses, zoning, permits, and development potential with the appropriate governmental agencies. This property is ideal for investors seeking immediate value-add potential, long-term appreciation, and multiple residential income strategies.
271 days on Market
  • Listed by: Marlin Dginguerian DRE #01930762 Brokerage DRE #01873088 • JohnHart Real Estate 818-415-1516
Last updated: 09/10/2026 04:07 AM • Source: CRMLS, MLS#: GD26008189
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Location

Listing Courtesy of JohnHart Real Estate, Marlin Dginguerian, DRE #01930762
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$5,571 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,271

Property Taxes

$1,300

HOA Dues

$0

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Property Information for 1324 South Westlake Avenue

Property Details

  • MLS Type: Residential Income / Combo - Res and Com
  • County: Los Angeles County
  • Parking Spaces Total: 0
  • Private Pool: No
  • Total Units: 1.0
  • Lot Size Source: Assessor
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 4232
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Entry Level: 1
  • Senior Community: No
  • Parcel Number: 5135004002
  • Area: Park Hills Heights (PHHT)
  • Directions: Pico Blvd & S Alvarado St

Building Information

  • Stories: 2
  • Year Built: 1903
  • Lot Size: 0.20 AC / 8,669 SF

Income / Expense / Tax Details

Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 224310
  • Tax Lot: 11

Community / Development

Community / Development
  • Community Features: Street Lights, Sidewalks, Suburban

Property / Structure Info

Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: 1
  • Pool Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Lease: No
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0

Unit Information

Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 8
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 18200
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 1324 South Westlake Avenue

DateEvent & SourcePriceAppreciation
Jun 26, 2026

Price Change

CRMLS #GD26008189

$800,000—
Jun 26, 2026

Price Change

CRMLS #GD26008179

$800,000—
May 4, 2026

Price Change

CRMLS #GD26008189

$900,000—
DateEvent & SourcePrice
06/26/2026

Price Change

CRMLS #GD26008189

$800,000
06/26/2026

Price Change

CRMLS #GD26008179

$800,000
05/04/2026

Price Change

CRMLS #GD26008189

$900,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

1324 South Westlake Avenue

Baths

5

Total Finished SqFt

4,232 SqFt

Above Grade Finished SqFt

4,232 SqFt

Lot Size

8,676 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1903

Schools near 1324 South Westlake Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Magnolia Avenue Elementary School
Public - K to 5
Berendo Middle School
Public - 6 to 8
West Adams Preparatory High School
Public - 9 to 12
Equitas Academy Charter School
Charter - K to 4
Rating
School
Distance
Magnolia Avenue Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

Equitas Academy Charter School
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1324 South Westlake Avenue, Los Angeles, CA 90006

1324 South Westlake Avenue is a mixed use property for sale in Los Angeles, CA 90006. This property was listed for sale on January 13, 2026 by JohnHart Real Estate, it's currently listed at $800,000. It has been on the market for a total of 271 days and was last sold on May 17, 2024. This listing's school district is Los Angeles Unified School District. Nearby schools include Magnolia Avenue Elementary School, Berendo Middle School and West Adams Preparatory High School. 1324 South Westlake Avenue is a 8-bed, 5-bath, 4,232 sqft mixed use property built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JohnHart Real Estate, Marlin Dginguerian, DRE #01930762

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.