4,232 sqft

$800,000

1324 S Westlake Avenue, Los Angeles CA, 90006

Price per sqft$189.04

Built in1903

Property size4,232 sqft

Property typeCommercial

Listed by Marlin Dginguerian CA DRE# 01930762 with JohnHart Real Estate 818-415-1516

Overview

Active

Listed Jan 13, 2026

Updated 3 weeks ago

Discover an exceptional investment opportunity in a prime Los Angeles location! The property includes HPOZ and LADBS-approved renovation plans, which include upgrades to plumbing, electrical systems as needed, and roofing, as well as renovations of the bathrooms, kitchen, flooring, and interior paint throughout. This historic Craftsman property offers multiple private rooms and five bathrooms, creating a unique residential income opportunity in the heart of the Westlake/Pico-Union area. Located minutes from USC, Downtown Los Angeles, Crypto.com Arena, and Koreatown, the property is well positioned for shared housing, workforce housing, student housing, co-living, or long-term residential occupancy. The home also features an oversized formal living room and dining room with original historic architecture and high ceilings. Additional features include central heating, on-site gated parking area, and a secured perimeter fence. With RD1.5-1-HPOZ zoning, the property presents a unique value-add opportunity for investors. Buyers should verify all permitted uses, zoning, permits, and development potential with the appropriate governmental agencies. This property is ideal for investors seeking immediate value-add potential, long-term appreciation, and multiple residential income strategies.

Additional information

MLS^® ID: GD26008179

Interior Features

Basement: No

Exterior Features

Lot Size: 0.2 Acres

Listed by Marlin Dginguerian CA DRE# 01930762 with JohnHart Real Estate 818-415-1516

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/11/2026 at 6:03 AM UTC Last Checked: 6:03 AM UTC