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$2,800,000
118 Days On Site

502 S Westlake Avenue
Los Angeles, CA 90057

For Sale|Residential Income|Active
2
Beds
28
Total Baths
13,539
SqFt
$207
/SqFt
1922
Built
County:
Los Angeles
Call Now: (408) 868-2620
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(408) 868-2620
502 S Westlake Avenue502 S Westlake Avenue502 S Westlake Avenue502 S Westlake Avenue
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**INDIVIDUALLY METERED:** Tenants pay their own electricity, reducing owner operating expenses.**CLOSE PROXIMITY TO 2028 OLYMPIC VENUES:** Located in close proximity to major venues in the "Downtown Sports Park" for the 2028 Summer Olympics in Los Angeles. Venues include the LA Coliseum, Crypto.com Arena, & BMO Stadium.**UNIQUE CHARACTER ASSET:** Distinctive architectural character with timeless appeal.**ATTRACTIVE BASIS:** Priced at $100,000/unit with a 7.10 GRM, offering investors a compelling entry point.**VALUE-ADD POTENTIAL:** 22% rental upside remaining through interior renovations.**LONG TERM OWNERSHIP:** Same ownership for 20+ years a rare acquisition opportunity.**DENSE INFILL LOCATION CENTRAL TO ENTERTAINMENT AND NIGHTLIFE:** Situated near Koreatown and Downtown Los Angeles, offering renters convenient access to entertainment and nightlife.

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Listing Snapshot
Price 
$2,800,000
Days On Site 
118 Days
Bedrooms 
2
Inside Area (SqFt) 
13,539 sqft
Total Baths 
28
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1977 Acres
Year Built 
1922
MLS® Number 
26671293
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.1977
Levels 
Three Or More
Number Of Stories 
3
Parking 
None
Special Circumstances 
Standard
SqFt Total 
13539
Zoning 
LAR4
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Community Features
MLS Area 
C42 - Downtown L.A.
Listing courtesy of Sean Rosenzweig of Marcus & Millichap

Based on information from the The MLS as of 2026-07-27 06:25 AM UTC. 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. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

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