1324 S Westlake Avenue, Los Angeles, CA 90006

• 4,232 sqft

Property Description

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.

Listing Status:

Active

Date Added:

January 13, 2026

Data Last Updated:

August 25, 2026 at 1:16AM

Listing Office:

JohnHart Real Estate : 818-246-1099

Listing Agent:

Marlin Dginguerian : 818-246-1099

Contact:

818-415-1516

MLS ID:

GD26008179

Interior

• Laundry: Inside

Construction

• General: 2

Location

• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: 5135004002

Utilities

• Water: Public

Financial

• Source: CRMLS_CRM