$1,290,000
1040 S Westlake Avenue, Los Angeles CA 90006
Multi-Family
Property type
261 days
On market
$429
Price per sqft
N/A
Garage
1900
Year built
7,502 sqft
Lot size
Home highlights
Open Houses
Overview
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.
Listing provided by: Jenny Chow DRE #00918577 213-810-8791, Coldwell Banker Realty
Listing updated: Feb 1, 2026 at 08:22am.
Last checked: Jun 5, 2026 at 08:31pm
Source: CRMLS #25592497
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 9 | 3 | — | $0 | $0 | $0 | Unfurnished |
# of Buildings: 1
# of Units Total: 1
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
10.4x
List Price / Annual Gross Rent
Net Operating Income: $0
Interior
Flooring: Wood
Cooling: None
Heating: None
Appliances: Dishwasher, Disposal, Refrigerator, Dryer
Fireplace: Bonus Room, Bath, Dining Room, Family Room, Gas, Kitchen, Living Room
Laundry: Dryer Included
Accessibility: None
Entry Location: Main Level
Exterior
Stories Total: 2
Levels: Two
Roof: Composition, Shingle
Direction Faces: South
Security Features: Carbon Monoxide Detectors, Gated Community, Smoke Detectors
Pool: None
Spa: None
Sewer: Other
View: City Lights
Patio and Porch Features: None
Garage and Parking
Parking: Carport, Community Structure
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5136011007
Additional Parcels: No
Zoning: LAR3
Subdivision: Soouth Bonnie Brae Tract
Community
HOA: No
Senior Community: No
Community Features: Gated
High School District: Los Angeles Unified
Nearby Schools
Nearby schools around the 1040 S Westlake Avenue, Los Angeles, CA 90006. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,032,000
Total Interest
$1,316,259
Total Payment
$2,348,259
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,017
per month
Property History for 1040 S Westlake Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90006.
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