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1040 S Westlake Ave
Los Angeles, CA 90006
Specialty Property For Sale · 3,007 SF

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EXECUTIVE SUMMARY

Property is zoned: LAR-3. This property presents a rare opportunity for multi-family development or income-generating possibilities. Located in the vibrant Pico-Union neighborhood, minutes from Downtown LA, Koreatown, and major transit routes. Current use for Dongyang homestay total are 9 bedrooms 3 bathrooms and one kitchen monthly income is $10,360.
Property to be sold "as is " condition. No credit or repairs. Drive-by only, with an accepted offer you can make an appointment to see inside. Brokers & Broker's agent do not guarantee the accuracy of the square footage permitted or unpermitted space bedroom/bathroom count. Buyer is advised to independently verify the accuracy of all information through personal inspection with an appropriate professional to satisfy themselves.

PROPERTY FACTS

Sale Type Investment
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.18 AC
Building Size 3,007 SF
No. Stories 2
Year Built 1900
Zoning LAR3 - Multiple Residential

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5136-011-007
Land Assessment
$514,342 CAD
Improvements Assessment
$338,942 CAD
Total Assessment
$853,284 CAD
  • Listing ID: 37793221

  • Date on Market: 2025-09-23

  • Last Updated:

  • Address: 1040 S Westlake Ave, Los Angeles, CA 90006

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