819 Beacon Avenue, Los Angeles, CA 90017
Local realty services provided by:ERA Excel Realty
819 Beacon Avenue,Los Angeles, CA 90017
$1,995,000
- 8 Beds
- 15 Baths
- 10,340 sq. ft.
- Multi-family
- Active
Listed by:filip niculete
Office:marcus & millichap
MLS#:25496635
Source:CRMLS
Price summary
- Price:$1,995,000
- Price per sq. ft.:$192.94
About this home
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.
Contact an agent
Home facts
- Year built:1906
- Listing ID #:25496635
- Added:233 day(s) ago
- Updated:September 30, 2025 at 10:29 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:15
- Living area:10,340 sq. ft.
Structure and exterior
- Year built:1906
- Building area:10,340 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$1,995,000
- Price per sq. ft.:$192.94
New listings near 819 Beacon Avenue
- $735,000Pending3 beds 2 baths891 sq. ft.
1616 W 227th Street, Torrance, CA 90501
MLS# 25600959Listed by: BEVERLY AND COMPANY, INC. - New$995,000Active2 beds 1 baths838 sq. ft.
3371 Garden Avenue, Los Angeles, CA 90039
MLS# 25599357Listed by: COLDWELL BANKER REALTY - New$995,000Active2 beds 1 baths838 sq. ft.
3371 Garden Avenue, Los Angeles, CA 90039
MLS# 25599357Listed by: COLDWELL BANKER REALTY - New$1,495,000Active6 beds 8 baths3,600 sq. ft.
357 Cornwell Street, Los Angeles, CA 90033
MLS# 25600925Listed by: COMPASS - Open Sun, 2 to 5pmNew$1,699,000Active3 beds 3 baths1,692 sq. ft.
7809 Mcconnell Avenue, Los Angeles, CA 90045
MLS# 25598503Listed by: COMPASS - Open Sat, 2 to 5pmNew$2,345,000Active4 beds 3 baths1,991 sq. ft.
4128 Kenyon Avenue, Los Angeles, CA 90066
MLS# 25578335Listed by: PARDEE PROPERTIES - New$3,995,000Active4 beds 5 baths4,270 sq. ft.
536 N Arden Boulevard, Los Angeles, CA 90004
MLS# 25599883Listed by: CAROLWOOD ESTATES - New$995,000Active5 beds 3 baths2,196 sq. ft.
11323 Blythe, Sun Valley, CA 91352
MLS# BB25228002Listed by: ENRIQUE HENRY VEGA JR. BROKER - Open Sun, 1 to 5pmNew$949,888Active-- beds -- baths2,183 sq. ft.
538 W 97th, Los Angeles, CA 90044
MLS# OC25231431Listed by: REALTY ONE GROUP HOMELINK - Open Sat, 12 to 3pmNew$620,000Active3 beds 2 baths1,102 sq. ft.
1143 1143 S Grande Vista, Los Angeles, CA 90023
MLS# PW25230740Listed by: SYNERGY REAL ESTATE