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.
Property Details
Price:
$1,400,000
MLS #:
25556069
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c42downtownla
Listed Date:
Jun 20, 2025
Lot Size:
7,502 sqft / 0.17 acres (approx)
Year Built:
1903
See this Listing
Schools
Interior
Appliances
Disposal, Refrigerator
Cooling
None
Heating
Floor Furnace
Exterior
Architectural Style
Traditional
Construction Materials
Stucco
Parking Features
Assigned, Carport, Gated, Private
Parking Spots
8.00
Security Features
Automatic Gate, Fire and Smoke Detection System, Smoke Detector(s)
Financial
Map
Community
- Address1020 S Westlake Avenue Los Angeles CA
- NeighborhoodC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
Subdivisions in Los Angeles
- 1788
- 6525 La Mirada
- 6790
- Adams-Normandie
- Angeleno Heights
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Athens Subdivision
- Avalon Gardens
- Baldwin Hills
- Beachwood Canyon Estates
- Bel Air Crest
- Bel Air Park
- Brentwood Country Estates
- Bronson Homes
- Crestwood Hills
- Ela Hills Tr
- Gramercy Park
- Harvard Heights
- Higgins Building
- Highland Park Extension
- Kentwood
- LA PALOMA ADD
- LaBrea Vista
- Lake Hollywood Estates
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis Prop
- Metropolis Tower 1
- Mid-City Heights
- Montecito Heights
- MountainGate Country Club / The Ridge
- Mulholland Corridor
- Nelavida
- Not Applicable – 1007242
- Not Applicable-105
- Other – 0011
- OTHR
- Pickford 4
- Rampart Heights
- Sunset Terrace
- Tapestry
- The Los Feliz Oaks Neighborhood
- The Ritz Carlton Residences Los Angeles
- TRACT #8330 LOT 59
- Tract No 3643 / Hollywood Hills East
- TRACT NO. 9741
- University Heights
- W Hollywood Residences
- West Adams
- West Hollywood West
- Wisendanger\’s Prospect Park Addition
Market Summary
Current real estate data for Residential Income in Los Angeles as of Oct 18, 2025
1,661
Residential Income Listed
207
Avg DOM
$1,941,871
Avg List Price
Property Summary
- 1020 S Westlake Avenue Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90006. It is listed for $1,400,000
Similar Listings Nearby
Courtesy of Fox Industrial Realty. 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 2025. California Regional Multiple Listing Service. All rights reserved.1020 S Westlake Avenue
Los Angeles, CA