Date
Details
Price
Change
Source
6/20/2025
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/9
$1,400,000
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Property Description
This income property on Olympic Blvd is an excellent investment opportunity in Los Angeles. Designated and permitted as a rooming house, each room can be rented out for passive income. Currently fully occupied, the property promises a steady stream of rental income, and its prime location just a short walk from the LA Live entertainment district makes it an ideal investment for growth potential. Don't miss out on the chance to earn a healthy return on your investment with this high-yielding property.
Full Property Details
Full Property Details for 1020 S Westlake Ave
General
- Price: $1,400,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25556069
- Updated: 8/12/2025
- Added to Site: 212 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Spa Description: None
- Security/Safety: Automatic Gate, Fire and Smoke Detection System, Smoke Detector
- Other Features: None
Parking
- Garage Description: Assigned, Carport, Gated, Private
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: East of Alvarado, South of Olympic
- Direction Faces: West
Heating & Cooling
- Cooling Type: None
- Heating Type: Floor Furnace
Utilities
- Sewer: Public Hookup Available
- Water: Public
Structural Information
- # Buildings: 2
- Architectural Style: Traditional
- Exterior Const.: Stucco
- Roof: Asphalt
- Entry Location: Ground Level w/steps
- Stories/Levels: 2
- Square Feet: 2,775
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1903
- Year Built Source: Vendor Enhanced
- Property Condition: Repair Cosmetic, Updated/Remodeled
Unit Information
- Units in Complex: 6
- Unit Type: 2106
Unit 1
- Total Bathrooms: 8
- Bedrooms: 8
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1722
- Lot Size: 7502
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
- Lot Description: Fenced Yard
Financial Considerations
- Price Per Sq. Ft.: $504.5
- Assessment Year: 1903
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5136-011-003
Listed by Fox Industrial Realty, Frank Kim
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1020 S Westlake Ave —
Frank Kim
Fox Industrial Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1020 S Westlake Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Tenth Street Elementary School 1000 Grattan Street, Los Angeles, CA 90015 | 1-5 | 0.4 mi |
John H. Liechty Middle School 650 South Union Avenue, Los Angeles, CA 90017 | 7-8 | 0.6 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1020 S Westlake Ave
Tax History
Tax History for 1020 S Westlake Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,135
1%
$1,061,207
2%
2024
$12,999
2%
$1,040,400
2%
2023
$12,755
5%
$1,020,000
2%
2022
$12,174
1%
$1,000,000
2%
2021
$12,012
14%
$980,000
17%
2020
$10,559
4%
$838,883
2%
2019
$10,150
2%
$822,435
2%
2018
$9,994
2%
$806,310
2%
2017
$9,782
38%
$790,500
39%
2016
$7,073
1%
$567,524
2%
2015
$6,972
53%
$559,000
61%
2014
$4,567
—
$347,940
—
2013
$4,561
—
$346,368
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1020 S Westlake Ave
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- Multi-Family
- Active
- 4Total Beds
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- Single Family
- Active
- Updated 5 hours ago
- 6Beds
- 5Total Baths
- 4,179Sq. Ft.
- Single Family
- Active
- Updated 5 hours ago
- 6Beds
- 3Total Baths
- 2,166Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 840Sq. Ft.
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1020 S Westlake Ave, Los Angeles, CA 90006 (MLS# 25556069) is a Multi-Family property with units containing 4 bedrooms and 0 full bathrooms. 1020 S Westlake Ave is currently listed for $1,400,000 and was received on June 20, 2025. Want to learn more about 1020 S Westlake Ave? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.