We are pleased to present 819 Beacon Avenue, a 15-unit multifamily property in the highly desirable Westlake neighborhood, just minutes from Downtown Los Angeles and Koreatown. Built in 1906, the property exudes historic charm while offering investors a unique opportunity to add value through strategic renovations and operational enhancements. Situated on a 7,750-square-foot lot, the 10,340-square-foot building consists of seven studios and eight one-bedroom units, appealing to a wide variety of tenants. With one vacant unit, investors can generate immediate cash flow by leasing at market rent. Priced at $2,250,000, this property presents a compelling chance for both immediate income generation and long-term appreciation in a high-demand rental market.819 Beacon Ave is ideally positioned in Westlake, a vibrant and rapidly evolving neighborhood known for its dynamic cultural scene, historic charm, and proximity to major business and entertainment hubs. The area benefits from ongoing revitalization, attracting young professionals, families, and creative tenants seeking urban convenience. The property is just a five-minute walk from Westlake/MacArthur Park Metro Station, which connects to the Red and Purple Lines, offering seamless access to Downtown Los Angeles, Hollywood, and Koreatown. Several bus stops along Wilshire Boulevard and Alvarado Street provide additional public transit options. Union Station, a major transportation hub, is only a short ride away. For travelers, Los Angeles International Airport (LAX) is just a 25 minute drive from the property, offering convenient access to domestic and international flights.Nearby, tenants can enjoy the tranquil beauty of MacArthur Park, as well as the vibrant dining, shopping, and nightlife scene in Koreatown and Downtown LA's Financial District. The property also offers quick access to the 101, 110, and 10 Freeways, making it an ideal base for commuting across Los Angeles. With its unbeatable location, architectural character, and immediate leasing potential, 819 Beacon Ave stands out as a rare and promising investment in one of Los Angeles' most exciting submarkets.
For sale
$2,150,000
819 Beacon Ave, Los Angeles, CA 90017
8beds
15baths
10,340sqft
Est.:
Multi Family
Built in 1906
-- sqft lot
$2,102,900 Zestimate®
$208/sqft
$-- HOA
What's special
- 22 days
- on Zillow |
- 82 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 08:01am
Listed by:
Filip Niculete DRE # 01905352 818-212-2763,
Marcus & Millichap 818-212-2700,
Glen Scher DRE # 01962976 818-212-2808,
Marcus & Millichap
Source: CLAW,MLS#: 25496635

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 15
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 10,340
- Total interior livable area: 10,340 sqft
Property
Parking
- Parking features: Other
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 7,753.68 Square Feet
- Dimensions: 50 x 155
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1906
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $866,864
- Date on market: 7/11/2025
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