$10,000 Closing Credit¹
#24428865, Enny E. Chong, Listing Office: Ivy Realty Co.
#25496635·
Listing Office: Marcus & Millichap·
Listing Agent: Filip Niculete·
Listing Office Phone: 818-212-2700
$10,000
closing credit¹
819 Beacon Ave Los Angeles, CA 90017
$2,250,000 List price
$10,000
Closing credit¹
8 beds
15 baths
10,340 sqft
0.2 acres
$218 / sqft
House
Property details
About 819 Beacon Ave
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.
Highlights
Home typeOther
StatusActive
Size10,340 sqft
Lot size0.178 Acres
Year built1906
MLS #25496635
Summary
- MLS Number: 25496635
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (818) 212-2700
- Listing Agent: Filip Niculete
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: 2/12/2025, 11:55:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,250,000
819 Beacon Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 26, 2010 | Home Sold | $510,000 |
| Jun 27, 2000 | Home Sold | $45,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $869,809 | $12,042 |
| 2023 | $852,813 | $11,839 |
| 2022 | $836,150 | $11,345 |
| 2021 | $819,813 | $11,153 |
| 2020 | $808,493 | $10,852 |
| 2019 | $792,641 | $10,749 |
| 2018 | $777,100 | $10,499 |
| 2017 | $761,864 | $10,499 |
History based on county public records data.
Nearby schools
5
Esperanza Elementary
Public District KG-5
0.2 mi
•680 Little St
4
10th Street Elementary School
Public District 1-5
0.3 mi
•1000 Grattan St
7
Equitas Academy #3 Charter
Public Charter KG-4
0.3 mi
•1050 Beacon Ave
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 $21,085. Most Los Angeles, CA residents have annual incomes less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
75%
<35k
22%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
47%
Single, No Kids
18%
Single, with Kids
10%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
34%
18-34 yrs old
28%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Little Caesars
White Castle
What do the neighbors drive?
Honda
Dodge
Kia
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 819 Beacon Ave
This home is located at 819 Beacon Ave in Los Angeles, CA and zip code 90057 in the Central LA neighborhood. This 10,340 square foot home, which was built in 1906, sits on a 0.18 acre lot. Features: 8 bedrooms, 15 bathrooms. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $2,250,000.
While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. The number of listings in Los Angeles, CA increased by 20.1% between December and January 2025. While the average time on the market in January 2025 was 45 days, the median list price was $1,035,435.
From Rocket Homes Real Estate and based on county public records data.