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16 Beds
8 Baths
5,492 sqft

$1,699,999

1016 S Westlake Avenue, Los Angeles CA, 90006

Price per sqft$309.54
Built in1960
Property size5,492 sqft
Property typeResidential

Overview

Active

Listed Oct 7, 2026

Updated 26h ago

An excellent opportunity to acquire an 8-unit multifamily property in the highly centralized Westlake/Pico-Union area of Los Angeles. The property consists of approximately 5,492 square feet of building area situated on a 7,501-square-foot lot, with LAR3 zoning offering potential flexibility for an investor looking to acquire a well-located Los Angeles multifamily asset. The property is positioned near Westlake/MacArthur Park, Koreatown, Downtown Los Angeles, and major employment and transportation corridors, providing residents convenient access to restaurants, retail, entertainment, employment centers, and public transportation. The Westlake/MacArthur Park Metro station is located nearby, further enhancing this property's accessibility.

$11,310/mo

Est. mortgage payment based on a $1,699,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26998473

Interior Features

Bedrooms
16
Bathrooms
8
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

55+/Senior Community
No

Listed by Kyle Buckley, Lyra Residential Inc., CA DRE 02335169

Listing Contact: 626-823-0203 

Based on information from the CRISNet MLS as of 10/10/2026, 6:56 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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