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For sale
  • Listed by: Keller Williams Los Angeles • Esther Clauson • Contact: esther@estherclausonrealestate.com
    $1,000,000

    1032 S Westlake Ave, Los Angeles, CA 90006

    6beds
    4baths
    3,736sqft
    : 
    $6,651/mo
    Get pre-qualified
    Multi Family
    Built in 1902
    -- sqft lot
    $-- Zestimate®
    $268/sqft
    $-- HOA

    What's special

    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 the home into multi units. Home was previously in the process of being remodeled.
    137 days
    |
    273
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Esther Clauson DRE #02031778 esther@estherclausonrealestate.com,

    Keller Williams Los Angeles

    Source: CRMLS,MLS#: P1-26606MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Rooms
      • Room types: Bonus Room, Basement, Entry/Foyer, Family Room, Kitchen, Laundry, Other, Pantry
      Other
      • Features: Walk-In Closet(s)
      Pantry
      • Features: Walk-In Pantry
      Heating
      • None
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
      • Laundry: Washer Hookup, Gas Dryer Hookup
      Features
      • Granite Counters, High Ceilings, Walk-In Pantry, Walk-In Closet(s)
      • Flooring: Laminate
      • Has basement: Yes
      • Has fireplace: Yes
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 3,736
      • Total interior livable area: 3,736 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Concrete
      Accessibility
      • Accessibility features: Safe Emergency Egress from Home, Parking
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: multiple
      • Pool features: None
      • Spa features: None
      • Fencing: Chain Link
      Lot
      • Size: 7,502 Square Feet
      • Features: Sprinklers None
      Details
      • Parcel number: 5136011005
      • Zoning: LAR3
      • Special conditions: Notice Of Default,Probate Listing

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1902

      Utilities & green energy

      • Electric: Electricity - On Property
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Urban
      • Subdivision: Not Applicable
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $268/sqft
      • Date on market: 4/9/2026
      • Cumulative days on market: 137 days
      • Listing terms: Cash,Cash to New Loan
      • Inclusions: Refrigerators, washer, and dryer in upstairs unit; stoves throughout
      • Exclusions: Refrigerator, washer, and dryer in downstairs unit

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,285/mo

        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Pico-Union

        Getting around

        95 / 100
        Walker's Paradise
        80 / 100
        Excellent Transit
        80 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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