Los Angeles, CA 90006,1020 S Westlake AVE
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$ 1,400,000
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1020 S Westlake AVE Los Angeles, CA 90006

4 Beds

2 Baths

2,775 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,775 sqft

Price per Sqft $504

MLS Listing ID 25556069

Bedrooms 4

Construction Status Repairs Cosmetic,Updated/Remodeled

HOA Y/N No

Year Built 1903

Lot Size 7,501 Sqft

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR3

Interior

Heating Floor Furnace

Cooling None

Fireplace No

Appliance Disposal, Refrigerator

Exterior

Parking Features Assigned, Carport, Gated, Private

Total Parking Spaces 8

Building

Faces West

Story 2

Entry Level Two

Sewer Other

Architectural Style Traditional

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic,Updated/Remodeled

Others

Senior Community No

Tax ID 5136011003

Security Features Fire Detection System,Security Gate,Smoke Detector(s)

Acceptable Financing Contract

Listing Terms Contract

Special Listing Condition Standard


CRMLS – RECore
Listed by Frank Kim Fox Industrial Realty
agent

Richard Chung

Agent | License ID: 01899002

+1(714) 865-3871

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1020 S Westlake AVE