1153 S Westlake, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
Loading property details...
1153 S Westlake
Los Angeles, California 90006
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,654Sq Ft
5,358Lot Size
Property Price
LIST PRICE$699,900
EST. MARKET VALUE
$699,900
SUMMARY
This Residential Income Asset presents a High-Potential Investment Opportunity, listed at a List Price of $699,900. With a Fair Market Value of $699,900, the property is priced for immediate market stability. Featuring a 2,654 sqft layout with a dual-unit configuration and four guest rooms, this Condition Rating 4 property offers significant value-add potential through modernization. Its strategic location near DTLA and major transit corridors ensures consistent rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating compound in a historic zone.
Estimated Market Value
$699,900
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1153 S Westlake Subject | $699,900* List Price | 0 | 0 | 2,654 | $264 | - |
A 1741 S New England Street Active | $849,900 List Price | 0 | 0 | 3,118 | $273 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1900, this historical property shows signs of a basic interior refresh likely performed 15-20 years ago. While the kitchen and bathrooms are functional and the unit appears move-in ready, the finishes are dated, the layout is utilitarian, and the 'investment opportunity' description suggests a need for modernization and potential system updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Versatility
The unique configuration of two downstairs units plus four upstairs guest rooms provides multiple income streams and flexibility for investors or owner-occupiers looking to house-hack.
- Strategic Central Location
Situated near DTLA, Koreatown, and USC with immediate access to the 10, 110, and 101 freeways, the property is ideally positioned to capture high tenant demand from local professionals and students.
- Competitive Value Proposition
A significant $50,000 price reduction combined with a large 2,654 sqft floor plan offers a lower price-per-square-foot entry point for a residential income property in a high-demand urban core.
CONSRISKS & DEFICIENCIES
- HPOZ Regulatory Constraints
Being located in a Historical Preservation Overlay Zone (HPOZ) means any exterior renovations or improvements are subject to strict city guidelines, which can increase costs and extend project timelines.
- Century-Old Infrastructure
Built in 1900, the property likely requires substantial capital expenditure for modernizing systems and maintaining structural integrity, which is typical for a home of this vintage.
About 1153 S Westlake
Great investment opportunity with big price reduction, Welcome to 1153 S. Westlake Ave., offering tremendous value and potential. Present a rare opportunity to acquire a large, two-story residence within a private, compound-like setting near the heart of Los Angeles. The property consists of 2 units in downstairs plus four guest rooms in upstairs. Located in the HPOZ (historical zone). Close to LA Live, Staple Center, DTLA, Koreatown, USC, major transit corridors, and the 10, 110 and 101 freeways. You'll appreciate both the convenience and opportunity this income property provides. This house is perfect for owner-occupiers, invertors, or those looking to expand a rental portfolio.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1900
- Lot Size
- 5,358 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Leo Politi Elementary School
Grades K-5 • 0.4 mi
3/10
Tenth Street Elementary School
Grades K-5 • 0.4 mi
2/10
Magnolia Avenue Elementary School
Grades K-6 • 0.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,654 | 2,187.451 |
| Lot Size | 5,358 | 5,841.385 |
| Price | $699.9K | $841.5K |
| Price per sq ft | $264 | $385 |
| Built year | 1900 | 1928 |
| HOA | $0 | $0 |
| Days on market | 111 | 85 |
Pricing History
Listed for Sale
Jul 6, 2026
$699,900
$750,000
-7% Price Drop
Initial Listing
Price Change
May 21, 2026
$750,000
Initial Listing
Sold
Nov 26, 2013
$450,000
Public Record
Sold
May 23, 2012
$250,002
Public Record
Sold
Oct 28, 2011
$250,000
Public Record
Sold
Feb 12, 2008
$22,000
Public Record
Sold
Mar 28, 2006
$530,000
Public Record
Sold
Sep 27, 2002
$239,000
Public Record