1040 S Westlake Ave Los Angeles, CA 90006
Multi-family development opportunity in vibrant Pico-Union neighborhood.
Lot size:
0.17 AcresProperty Features for 1040 S Westlake Ave
General Information
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1900
Source: Coldwell Banker Realty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Pico-Union Multifamily Development Opportunity
This property, zoned LAR-3, offers a development opportunity or income-generating potential. It is located in the Pico-Union neighborhood, near Downtown Los Angeles, Koreatown, and major transit routes. Currently used as a homestay, the property features 9 bedrooms, 3 bathrooms, and one kitchen, generating a monthly income of $10,360.
Insight Report
Location Intelligence
Current Use by Public Records
DY Homestay
Homestay
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.27929
- Latitude
- 34.05009
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Multi-family development opportunity in vibrant Pico-Union neighborhood.
Where is this apartment building located?
The property is located at 1040 S Westlake Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: - High monthly income ($10,360) from current homestay operation.; - LAR-3 zoning allows for multi-family development.; - Prime location in Pico-Union, near Downtown LA and Koreatown.