1324 South Westlake Avenue

Los Angeles, CA 90006

$1,088,888
Price
11
Beds
5
Baths
4,232 Sq. Ft.
$257 / Sq. Ft.
4,232
Sq. Ft.
$257
per Sq. Ft.

Description

Amazing investment opportunity to own a rental income producing property in the heart of Los Angeles Pico-union area close to USC, Koreatown, & downtown La Crypto arena. Beautiful historical craftsman residence currently being operated as a rooming house. Current allowable uses per city & zoning lard1.5 ordinances are Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel. There are also many conversion possibilities to multi-family and or adding additional Adu units. Perfect for student...Amazing investment opportunity to own a rental income producing property in the heart of Los Angeles Pico-union area close to USC, Koreatown, & downtown La Crypto arena. Beautiful historical craftsman residence currently being operated as a rooming house. Current allowable uses per city & zoning lard1.5 ordinances are Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel. There are also many conversion possibilities to multi-family and or adding additional Adu units. Perfect for student housing! Property is securely gated and has plenty of parking in the rear through alley entrance approximately 8-10 cars! Current approved use as per certificate of occupancy is 1-family dwelling & 5 rooms. Buyers to verify with department of building & safety.
  1. Listed by Xochitl Rosales • DRE #01773834 • Brokerage DRE #01773834 • Socal City Properties • robert@cusagroup.com

Property Details for 1324 South Westlake Avenue

Architectural Style
Craftsman
View
None
Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
1.0
Lot Size Source
Assessor
Living Area
4232

Location

Listing Courtesy of Socal City Properties, Xochitl Rosales, DRE #01773834
Add your commute
LISTING UPDATED: 04/01/2024 06:36 AM

Property Details for 1324 South Westlake Avenue

StatusActive
MLS #GD24060439
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached
Year Built1903
Lot Size0.20 AC / 8,669 SF
CountyLos Angeles County

Location

Listing Courtesy of Socal City Properties, Xochitl Rosales, DRE #01773834
Add your commute

Building Information for 1324 South Westlake Avenue

Stories2Year Built1903Building Size-Lot Size0.20 AC / 8,669 SF

Payment Calculator

$7,069 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,943

Property Taxes

$1,126

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1324 South Westlake Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 224...
  • Tax Census Tract: 2243.10
  • CFD/Mello-Roos Fee: $683
  • Tax Lot: 11
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Interior Features: High Ceilings
  • Room Type: Living Room, Multi-Level Bedroom
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Laundry Location: Kitchen
  • Fireplace Features: None
  • Fireplace: N/K
  • Cooling: None
Exterior Features
  • Window Features: Wood Frames
  • Entry Location: front
  • Fence: Yes
  • Fencing: Wrought Iron
  • Structure Type: House
  • Miscellaneous: Suburban
  • Patio: Yes
  • Patio: Wood
  • Patio And Porch Features: Front Porch, Wood
  • Pool Features: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Back Yard, Front Yard
  • Lease Considered: No
  • Land Lease: No
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Uncovered Spaces: 8
  • Parking Non-Garage: On Site
  • Parking Garage Spaces: 0
  • Parking Features: Paved, On Site
Property / Structure Info
  • Architectural Style: Craftsman, Craftsman/Bungalow
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 1324 South Westlake Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1324 South Westlake Avenue

Taxable ValueLand$984,280Additions$85,292Total$1,069,572
Tax Record2023$13,511 ($1,126 / month)
Home Facts
Total Finished SqFt4,232 SqFtAbove Grade Finished SqFt4,232 SqFtLot Size8,667 SqFtStyleMulti-Family Res (5+ Units)Year Built1903ZoningLARD1.5CountyLOS ANGELESAPN5135-004-002

Schools near 1324 South Westlake Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Magnolia Avenue Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

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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1324 South Westlake Avenue is a single family home for sale in Los Angeles, CA 90006. This property was listed for sale on March 28, 2024 by Socal City Properties, it's currently listed at $1,088,888. It has been on the market for a total of 31 days and was last sold on September 9, 2016. 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 11-bed, 5-bath, 4,232 sqft single family home built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Socal City Properties, Xochitl Rosales, DRE #01773834

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.