123 S Westmoreland Avenue, Los Angeles, CA 90004

Local realty services provided by:Better Homes and Gardens Real Estate Champions
123 S Westmoreland Avenue,Los Angeles, CA 90004
$1,650,000
  • - Beds
  • 16 Baths
  • 7,760 sq. ft.
  • Multi-family
  • Active
Listed by: george morales
Office: compass
MLS#:25538349
Source:CRMLS

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$212.63

About this home

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. Going-in CAP: 6.66% | GRM 8.8 Priced at $103,125/unit. 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.

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Home facts

  • Year built:1925
  • Listing ID #:25538349
  • Added:254 day(s) ago
  • Updated:January 23, 2026 at 11:37 AM

Rooms and interior

  • Total bathrooms:16
  • Living area:7,760 sq. ft.

Structure and exterior

  • Year built:1925
  • Building area:7,760 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$212.63
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