**INDIVIDUALLY METERED:** Tenants pay their own electricity, reducing owner operating expenses.**CLOSE PROXIMITY TO 2028 OLYMPIC VENUES:** Located in close proximity to major venues in the "Downtown Sports Park" for the 2028 Summer Olympics in Los Angeles. Venues include the LA Coliseum, Crypto.com Arena, & BMO Stadium.**UNIQUE CHARACTER ASSET:** Distinctive architectural character with timeless appeal.**ATTRACTIVE BASIS:** Priced at $100,000/unit with a 7.10 GRM, offering investors a compelling entry point.**VALUE-ADD POTENTIAL:** 22% rental upside remaining through interior renovations.**LONG TERM OWNERSHIP:** Same ownership for 20+ years a rare acquisition opportunity.**DENSE INFILL LOCATION CENTRAL TO ENTERTAINMENT AND NIGHTLIFE:** Situated near Koreatown and Downtown Los Angeles, offering renters convenient access to entertainment and nightlife.
Pending
$2,800,000
502 S Westlake Ave, Los Angeles, CA 90057
2beds
28baths
13,539sqft
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$207/sqft
$-- HOA
What's special
- 142 days |
- 27 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Sean Rosenzweig DRE # 01406343 310-513-3144,
Marcus & Millichap 310-909-5500
Source: CLAW,MLS#: 26671293
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 28
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 13,539
- Total interior livable area: 13,539 sqft
Property
Parking
- Parking features: None
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 8,616 Square Feet
Details
- Additional structures: None
- Parcel number: 5154026020
- Zoning: LAR4
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1922
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $207/sqft
- Tax assessed value: $2,154,986
- Date on market: 3/30/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,965/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Pending sale | $2,800,000$207/sqft |
Source: | ||
| 3/30/2026 | Listed for sale | $2,800,000-12.5%$207/sqft |
Source: | ||
| 11/19/2025 | Listing removed | $3,200,000-8.4%$236/sqft |
Source: | ||
| 6/23/2025 | Listed for sale | $3,495,000$258/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Westlake
Nearby schools
GreatSchools rating
- 6/10Esperanza Elementary SchoolGrades: K-5Distance: 0.3 mi
- 2/10John H. Liechty Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Belmont Senior High SchoolGrades: 9-12Distance: 0.6 mi
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Save - $--2 bd2 ba-- sqft500 S Westlake Ave #F320A52C6, Los Angeles, CA 90057Off Market
Save - $--1 bd1 ba-- sqft500 S Westlake Ave #1, Los Angeles, CA 90057Off Market
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