#SR25042067, Young Hong, Listing office: New Star Realty & Investment
$3,495,000 List price
502 S Westlake Ave Los Angeles, CA 90057
0.2 acres
Condo
Property details
About 502 S Westlake Ave
Investment opportunity in the heart of Los Angeles, Westlake area. 1920s Art Deco apartment building featuring 28 units- mix of 26 studio + one bath and 2 one bedroom + one bath units. Close proximity to USC, LA Live, Staples Center, Koreatown, Dodger Stadium, and public transportation.
Highlights
Home typeCondominium
StatusActive
Lot size0.1977 Acres
Year built1922
MLS #SR25095189
Summary
- Private Pool: No
- List Price: $3,495,000
- HOA Amount: $0
- Annual Tax Amount: $27,463
- Tax Year: 2024
- Directions: On Westlake north of 6th St.
- Year Built: 1922
- Stories: 3
- Lot Size: 0.1977 Acres
- MLS Number: SR25095189
- MLS Name: CRMLS
- Office Name: Coldwell Banker Realty
- Office Email: abarazani@ymail.com
- Listing Agent: Avi Barazani
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/23/2025, 5:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,495,000
502 S Westlake Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 24, 1996 | Home Sold | $800,000 |
| Jul 07, 1988 | Home Sold | $750,000 |
| Jul 07, 1988 | Home Sold | $750,000 |
| Jul 07, 1988 | Home Sold | $750,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,119,260 | $27,463 |
| 2023 | $2,077,835 | $26,963 |
| 2022 | $2,037,222 | $25,773 |
| 2021 | $1,997,405 | $25,397 |
| 2020 | $1,970,465 | $24,674 |
| 2019 | $1,931,830 | $24,526 |
| 2018 | $1,893,952 | $23,894 |
| 2017 | $1,856,817 | $23,894 |
History based on county public records data.
Nearby schools
5
Esperanza Elementary
Public District KG-5
0.3 mi
•680 Little St
4
N.E.W. Academy of Science and Arts
Public Charter KG-5
0.4 mi
•379 Loma Dr
6
Charles White Elementary
Public District 1-5
0.4 mi
•2401 Wilshire Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,120. Residents of Los Angeles, CA typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
54%
<35k
42%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
51%
Single, No Kids
18%
Single, with Kids
10%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
44%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Ross Dress For Less
Foot Locker
Where do the neighbors go to eat?
Boston Market
Jack In The Box
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 502 S Westlake Ave
The listing price of 502 S Westlake Ave property is $3,495,000.
The property 502 S Westlake Ave is a condo located in Los Angeles, California, 90057.
Active Listing: 502 S Westlake Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 502 S Westlake Ave are: Esperanza Elementary (GreatSchools Rating 5/10), N.E.W. Academy of Science and Arts (GreatSchools Rating 4/10), Charles White Elementary (GreatSchools Rating 6/10), Camino Nuevo Charter Academy (GreatSchools Rating 5/10), John Liechty Middle School (GreatSchools Rating 4/10), Equitas Academy 4 (GreatSchools Rating 6/10), Harold Mcalister High (Opportunity) (GreatSchools Rating 2/10), Belmont High School (GreatSchools Rating 3/10), Harris Newmark Continuation (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $27,463 (source: MLS/based on county public records data).
The last sale was on December 24, 1996 for $800,000 (source: MLS/tax record).
The property at 502 S Westlake Ave has 0 bathroom.
The year of construction for 502 S Westlake Ave is 1922.
This home is located at 502 S Westlake Ave in Los Angeles, CA and zip code 90057 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 18, 2025 and is currently priced at $3,495,000.
Los Angeles, CA housing market in May 2025 saw over 325 listings sold above listed price, more than 134 sold at listed price and over 319 sold below. The inventory of homes for sale in Los Angeles, CA between April and May 2025 increased by 8.7%. The median list price of listings available in May 2025 was $871,794, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.