123 S Westmoreland Avenue, Los Angeles, CA 90004

  • $1,895,000
  • $2,248,000
123 S Westmoreland Avenue, Los Angeles, CA 90004
Active
123 S Westmoreland Avenue, Los Angeles, CA 90004
123 S Westmoreland Avenue, Los Angeles, CA 90004
  • $1,895,000
  • $2,248,000

Description

123 S. Westmoreland Ave, Los Angeles, CA 90004 16-Unit Multifamily | Koreatown / Virgil Village | Huge Price Reduction. Prime Koreatown/Virgil Village location, walkable to restaurants, retail, and transit (Vermont/Beverly Metro). 16 studio units | 7,760 SF building on 6,490 SF lot. 4 units delivered vacant at COE immediate rent-up opportunity. Price reduced by $353,000 Going-in CAP: 6.94% | GRM 10.11 Priced at $118,487/unit and $244.20/SF. Qualified Opportunity Zone (buyer to verify). Subject to LARSO. Rare value-add opportunity in one of LA’s most dynamic rental markets. Qualified Opportunity Zones is provided for general reference only and does not constitute legal, tax, or financial advice. Buyer to perform buyer s own due diligence to verify all permits, SQFT, bedroom/bathroom count, school, and accuracy of all property related info.

  • Address 123 S Westmoreland Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90004
  • Country US

Details

Updated on December 13, 2025 at 1:23 am
  • Property ID: 25538349
  • Price: $1,895,000
  • Property Size: 7760
  • Land Area: 0.1492 Acres
  • Bathrooms: 16
  • Garage Size: x x
  • Year Built: 1925
  • Property Type: Residential Income
  • Property Status: Active

Contact Information

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  • Hoyt Hochman