1 month on rocket

1324 S Westlake Ave S, Los Angeles, CA, 90006

$1,088,888

Home List Price

$10,000*

Closing Credit

11 Bedrooms
5 Full Baths
4,232 SqFt
$257/SqFt
House
Schools Nearby

Location

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1324 S Westlake Ave S, Los Angeles$1,088,888

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Site, Paved
Year Built1903
CoolingNone
FireplaceNone
ViewNone
MLS #GD24060439
Lot Size0.20 Acres
StatusActive

About 1324 S Westlake Ave S

Amazing investment opportunity to own a rental income producing property in the heart of Los Angeles Pico-union area close to USC, Koreatown, & downtown La Crypto arena. Beautiful historical craftsman residence currently being operated as a rooming house. Current allowable uses per city & zoning lard1.5 ordinances are Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel. There are also many conversion possibilities to multi-family and or adding additional Adu units. Perfect for student housing! Property is securely gated and has plenty of parking in the rear through alley entrance approximately 8-10 cars! Current approved use as per certificate of occupancy is 1-family dwelling & 5 rooms. Buyers to verify with department of building & safety.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1903
  • Stories: 2
  • Living Area: 4,232 SqFt

Listing Office:

  • Office Name: Socal City Properties
  • Office Email: robert@cusagroup.com
  • Listing Agent: Xochitl Rosales

Interior Features

Interior Information:

  • Interior: High Ceilings
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: On Site, Paved

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • West Adams Preparatory High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Berendo Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Magnolia Avenue Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: 110 south fwy exit Convention center and pico Blvd head west on pico/ cross street is Pico Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,088,888
  • Price Per SqFt: $257/SqFt
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1324 S Westlake Ave S vs Los Angeles

31 DAYS ON ROCKET

-3 Days

$1,088,888

+$112.9K More

$257/SqFt

-$371 Less

KEY TAKEAWAY

This property is $112.9K more than the Median Sold Price and $371/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24060439

Listing Office:

  • Office Name: Socal City Properties
  • Office Email: robert@cusagroup.com
  • Listing Agent: Xochitl Rosales

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 5:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,502

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,331

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2910146
4
/10
  • Magnolia Avenue Elementary School

  • 1626 Orchard Ave

  • 0.39 miles

  • Public District Grades KG-6

school-card-donut-2910147
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.51 miles

  • Public Magnet Grades KG-6

school-card-donut-2910148
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 22.92 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2910149
3
/10
  • Berendo Middle School

  • 1157 S Berendo St

  • 0.83 miles

  • Public District Grades 6-8

school-card-donut-2910150
4
/10
  • Studio

  • 2211 W Avenue 30

  • 4.81 miles

  • Public District Grades 6-8

High School

school-card-donut-2910151
2
/10
  • West Adams Preparatory High School

  • 1500 W Washington Blvd

  • 0.61 miles

  • Public District Grades 9-12

school-card-donut-2910152
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 4.04 miles

  • Public Magnet Grades 9-12

school-card-donut-2910153
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 16.11 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,284. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1324 S Westlake Ave S

What is the listing price of this property?

The listing price of 1324 S Westlake Ave S property is $1,088,888.

What type of property is this?

The property 1324 S Westlake Ave S is a house located in Los Angeles, California, 90006.

Is this property for sale now?

Active Listing: 1324 S Westlake Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1324 S Westlake Ave S are:
Magnolia Avenue Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Berendo Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
West Adams Preparatory High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1324 S Westlake Ave S has 11 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1324 S Westlake Ave S is 4,232 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1324 S Westlake Ave S is 1903.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900061324 S Westlake Ave S

This home is located at 1324 S Westlake Ave S in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 4,232 square foot home, which was built in 1903, sits on a 0.20 acre lot. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $1,088,888.

In March 2024, from all listings sold in Los Angeles, CA there were more than 628 sold above asking price, over 579 sold below and more than 196 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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