For questions and offers please reach out to Anthony (213) 618-9939 anthony@coastalpremierrealtygroup.com. 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 the property’s accessibility.
Property Details
Price:
$1,699,999
MLS #:
26991777
Status:
Active
Beds:
16
Baths:
8
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Sep 22, 2026
Finished Sq Ft:
5,492
Total Sq Ft:
5,492
Lot Size:
7,503 sqft / 0.17 acres (approx)
Year Built:
1960
See this Listing
Schools
Interior
Appliances
GD, RF
Heating
WL
Levels
U
Exterior
Parking Spots
5
Parking Total
5
Financial
Map
Community
- Address1016 S Westlake AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 05, 2026
9,528
Single Family Listed
86
Avg DOM
436
Avg $ / SqFt
$1,562,303
Avg List Price
Property Summary
- 1016 S Westlake AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90006. It is listed for $1,699,999 and features 16 beds, 8 baths, and has approximately 5,492 square feet of living space, and was originally constructed in 1960. The current price per square foot is $310. The average price per square foot for Single Family listings in Los Angeles is $436. The average listing price for Single Family in Los Angeles is $1,562,303.
Similar Listings Nearby
Courtesy of TRG Real Estate Co., Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1016 S Westlake AV
Los Angeles, CA