We are pleased to present 819 Beacon Avenue, a 15-unit multifamily property in the highly desirable Westlake neighborhood, just minutes from Downtown Los Angeles and Koreatown. Built in 1906, the property exudes historic charm while offering investors a unique opportunity to add value through strategic renovations and operational enhancements. Situated on a 7,750-square-foot lot, the 10,340-square-foot building consists of seven studios and eight one-bedroom units, appealing to a wide variety of tenants. With one vacant unit, investors can generate immediate cash flow by leasing at market rent. Priced at $2,250,000, this property presents a compelling chance for both immediate income generation and long-term appreciation in a high-demand rental market.819 Beacon Ave is ideally positioned in Westlake, a vibrant and rapidly evolving neighborhood known for its dynamic cultural scene, historic charm, and proximity to major business and entertainment hubs. The area benefits from ongoing revitalization, attracting young professionals, families, and creative tenants seeking urban convenience. The property is just a five-minute walk from Westlake/MacArthur Park Metro Station, which connects to the Red and Purple Lines, offering seamless access to Downtown Los Angeles, Hollywood, and Koreatown. Several bus stops along Wilshire Boulevard and Alvarado Street provide additional public transit options. Union Station, a major transportation hub, is only a short ride away. For travelers, Los Angeles International Airport (LAX) is just a 25 minute drive from the property, offering convenient access to domestic and international flights.Nearby, tenants can enjoy the tranquil beauty of MacArthur Park, as well as the vibrant dining, shopping, and nightlife scene in Koreatown and Downtown LA’s Financial District. The property also offers quick access to the 101, 110, and 10 Freeways, making it an ideal base for commuting across Los Angeles. With its unbeatable location, architectural character, and immediate leasing potential, 819 Beacon Ave stands out as a rare and promising investment in one of Los Angeles’ most exciting submarkets.
Property Details
Price:
$2,075,000
MLS #:
25496635
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c42downtownla
Listed Date:
Feb 10, 2025
Lot Size:
7,752 sqft / 0.18 acres (approx)
Year Built:
1906
See this Listing
Schools
Interior
Exterior
Parking Spots
0.00
Financial
Map
Community
- Address819 Beacon Avenue Los Angeles CA
- NeighborhoodC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90017
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 21, 2025
1,651
Residential Income Listed
210
Avg DOM
$1,943,550
Avg List Price
Property Summary
- 819 Beacon Avenue Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90017. It is listed for $2,075,000
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