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
Address:
1020 S Westlake Avenue
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jun 20, 2025
State:
CA
ZIP:
90006
Lot Size:
7,502 sqft / 0.17 acres (approx)
Year Built:
1903
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Disposal, Refrigerator
Cooling
None
Heating
Floor Furnace
Exterior
Parking Features
Assigned, Carport, Gated, Private
Parking Spots
8.00
Security Features
Automatic Gate, Fire and Smoke Detection System, Smoke Detector(s)
Sewer
Other
Spa Features
None
Stories Total
2
Financial
Map
Community
- Address1020 S Westlake Avenue Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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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
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