819 Beacon Avenue
Los Angeles, CA 90017
- – beds
- – baths
- – sqft
- 7,752 sqft lot
- 1906 build
- – on site
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.
Last checked:
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Last updated Apr 3, 2025
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MLS# 25496635 —
The Building
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Year Built:1906
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New Construction:No
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Building Area Total:10340.00
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Total Number Of Units:15
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Multi/Split
Location
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Directions:Beacon Ave & W 8th St
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Latitude:34.05237200
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Longitude:-118.27409300
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:7752.0000
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Lot Size Dimensions:50x155
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Lot Size Acres:0.1780
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Lot Size SqFt:7752.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5142015015
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/2/25
Apr 2, 2025
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Relisted | CRMLS_CA | $2,250,000 | |
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3/3/25
Mar 3, 2025
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Pending | CRMLS_CA | $2,250,000 | |
|
2/10/25
Feb 10, 2025
|
Listed / Active | CRMLS_CA | $2,250,000 |
