8-Unit Apartment
New
For Sale
$1,699,999
1016 S Westlake Ave, Los Angeles, CA 90006
LAR3 zoning and nearby Metro service support the property’s urban residential setting.
Property Size5,492 SF
Lot Size0.17 Acres
Price / SF$309.54
Days on Market4
Property Features for 1016 S Westlake Ave
General Information
Standard status
Active
Size
5,492 SF
Lot size
0.17 Acres
Property subtype
MULTI_FAMILY
Zoning
LAR3
Additional Details
Public Transit
Yes
Multifamily Units
8
Building Details
Building Size
5,492 SF
Year Built
1960
Listing Agency:
TRG Real Estate Co., Inc.
Listed By:
Itza Campos · License #02251751
Source:
Milsteinestates
Added: Sep 22
Changed: Sep 24
Last Checked: Sep 24 at 2:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TRG Real Estate Co., Inc.
Investment Insights
Based on property information with market context.
Built in 1960, this apartment property contains 8 units across approximately 5,492 square feet. The building occupies a 7,501-square-foot lot and is zoned LAR3.
The property is in Los Angeles, near Westlake/MacArthur Park, Koreatown, and Downtown Los Angeles. The Westlake/MacArthur Park Metro station is nearby, along with restaurants, retail, entertainment, employment centers, and public transportation.
The property is in Los Angeles, near Westlake/MacArthur Park, Koreatown, and Downtown Los Angeles. The Westlake/MacArthur Park Metro station is nearby, along with restaurants, retail, entertainment, employment centers, and public transportation.
Key Highlights
- 8‑unit apartment property
- Approximately 5,492 square feet of building area
- 7,501‑square‑foot lot
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
4,761
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - LAR3 zoning and nearby Metro service support the property’s urban residential setting.
Where is this apartment building located?
The property is located at 1016 S Westlake Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,699,999.
What are key features of this property?
This property features: 8‑unit apartment property; Approximately 5,492 square feet of building area; 7,501‑square‑foot lot
