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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Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
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
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.
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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
4
/10
Magnolia Avenue Elementary School
1626 Orchard Ave
Distance between this listing and this school0.39 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.51 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school22.92 miles
Public Magnet Grades KG-5
Middle School
3
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school0.83 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school4.81 miles
Public District Grades 6-8
High School
2
/10
West Adams Preparatory High School
1500 W Washington Blvd
Distance between this listing and this school0.61 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school4.04 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school16.11 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Magnolia Avenue Elementary School
1626 Orchard Ave
Distance between this listing and this school0.39 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.51 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school22.92 miles
Public Magnet Grades KG-5
Assigned Schools
3
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school0.83 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school4.81 miles
Public District Grades 6-8
Nearby Schools
4
/10
Downtown Value
950 W Washington Blvd
Distance between this listing and this school0.60 miles
Public Charter Grades KG-8
Assigned Schools
2
/10
West Adams Preparatory High School
1500 W Washington Blvd
Distance between this listing and this school0.61 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school4.04 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school16.11 miles
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 4/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Point Fermin Elementary School: GreatSchools Rating 6/10Berendo Middle School: GreatSchools Rating 3/10Studio: GreatSchools Rating 4/10West Adams Preparatory High School: GreatSchools Rating 2/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel 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.
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.