For Sale Multi-Family MLS# 26998473

1016 S Westlake Avenue

Los Angeles, CA 90006

$1,699,999

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About 1016 S Westlake Avenue

An excellent opportunity to acquire an 8-unit multifamily property in the highly centralized Westlake/Pico-Union area of Los Angeles. The property consists of approximately 5,492 square feet of building area situated on a 7,501-square-foot lot, with LAR3 zoning offering potential flexibility for an investor looking to acquire a well-located Los Angeles multifamily asset. The property is positioned near Westlake/MacArthur Park, Koreatown, Downtown Los Angeles, and major employment and transportation corridors, providing residents convenient access to restaurants, retail, entertainment, employment centers, and public transportation. The Westlake/MacArthur Park Metro station is located nearby, further enhancing this property's accessibility.

Property details

Property

Type
multi
Year built
1960
Living area
5,492 sqft
Price / sqft
$310
Lot
0.1722 ac
List date
Oct 7, 2026

Schools

District
Los Angeles Unified School District

Location

Subdivision
Pico - Union
Neighborhood
Pico - Union

Location

Neighborhood
Pico - Union
School district
Los Angeles Unified School District

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Listed by Kyle Buckley, Lyra Residential Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.