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For sale
  • $2,150,000

    819 Beacon Ave, Los Angeles, CA 90017

    8beds
    15baths
    10,340sqft
    : 
    Multi Family
    Built in 1906
    -- sqft lot
    $2,102,900 Zestimate®
    $208/sqft
    $-- HOA

    What's special

    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.
    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#: 25496635MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 819 Beacon Ave.

    Next available tour time:Tomorrow at 11am

    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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