858-525-5007

502 Westlake, Los Angeles CA 90057 | $2,800,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 8612 Lot Sq Ft
  • Type:
  • Stories: 3
  • Year Built: 1922
  • MLS#: 26671293
  • Community: C42 - Downtown L.A.

Listing provided courtesy of Sean Rosenzweig of Marcus & Millichap. Last updated 2026-04-20 08:11:30.000000. Listing information © 2025 SANDICOR.

**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.

More Details

0.2 Acres
3 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985