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Pending
  • $2,800,000

    502 S Westlake Ave, Los Angeles, CA 90057

    2beds
    28baths
    13,539sqft
    : 
    $18,472/mo
    Get pre-qualified
    Multi Family
    Built in 1922
    -- sqft lot
    $-- Zestimate®
    $207/sqft
    $-- HOA

    What's special

    **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.
    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#: 26671293MLS Logo

      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

        Not available

        Estimated sales range

        Not available

        $2,965/mo

        Price history

        DateEventPrice
        7/30/2026Pending sale$2,800,000$207/sqft
        Source: CLAW #26671293 Report a problem
        3/30/2026Listed for sale$2,800,000-12.5%$207/sqft
        Source: CLAW #26671293 Report a problem
        11/19/2025Listing removed$3,200,000-8.4%$236/sqft
        Source: SDMLS #SR25095189 Report a problem
        6/23/2025Listed for sale$3,495,000$258/sqft
        Source: SDMLS #SR25095189 Report a problem

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Westlake

        Getting around

        95 / 100
        Walker's Paradise
        86 / 100
        Excellent Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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