123 S Westmoreland Avenue, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Clarity



123 S Westmoreland Avenue,Los Angeles, CA 90004
$2,248,000
- - Beds
- 16 Baths
- 7,760 sq. ft.
- Multi-family
- Active
Listed by:george morales
Office:compass
MLS#:25538349
Source:CRMLS
Price summary
- Price:$2,248,000
- Price per sq. ft.:$289.69
About this home
Prime location! 123 S. Westmoreland Avenue, a 16-unit multifamily asset located in the highly sought-after Koreatown Virgil Village neighborhood of Los Angeles. This property presents a rare opportunity for investors to acquire a value-add asset in one of the city's most dynamic rental markets. Situated just south of 1st Street, between Virgil Avenue and Vermont Avenue, the property occupies a 6,490 SF lot and benefits from excellent transit connectivity via the Vermont/Beverly Metro Stations, as well as numerous Metro Local Lines. The nearby Virgil Avenue corridor is a vibrant and growing hub, offering a diverse array of restaurants, coffee bars, retail shops, and entertainment options that appeal to both residents and visitors. The asset comprises a well-maintained, two-story apartment building totaling approximately 7,760 gross square feet, featuring 16 studio units, each with a private bathroom. Located within a Qualified Opportunity Zone, the property offers potential for significant tax incentives that may enhance long-term returns (Information regarding 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.
Contact an agent
Home facts
- Year built:1925
- Listing Id #:25538349
- Added:99 day(s) ago
- Updated:August 21, 2025 at 01:30 PM
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:$2,248,000
- Price per sq. ft.:$289.69
New listings near 123 S Westmoreland Avenue
- New$918,000Active-- beds -- baths1,502 sq. ft.
947 81, Los Angeles, CA 90044
MLS# CRPW25188047Listed by: VUI GROUP - Open Sat, 1 to 4pmNew$1,549,888Active3 beds 2 baths1,629 sq. ft.
3159 Ivy Street, Los Angeles, CA 90034
MLS# DW25188505Listed by: KELLER WILLIAMS LARCHMONT - New$620,000Active2 beds 1 baths1,244 sq. ft.
4242 Kenwood Avenue, Los Angeles, CA 90037
MLS# IN25188795Listed by: MORTGAGE REALTY CONCEPTS - New$499,950Active2 beds 3 baths1,608 sq. ft.
5343 Yarmouth Avenue #207, Encino, CA 91316
MLS# SR25174330Listed by: COLDWELL BANKER REALTY - New$1,125,000Active2 beds 2 baths1,513 sq. ft.
5102 Medina Road, Woodland Hills, CA 91364
MLS# SR25185231Listed by: EQUITY UNION - New$1,099,950Active3 beds 2 baths1,409 sq. ft.
3817 Sutro Avenue, Leimert Park, CA 90008
MLS# SR25187370Listed by: PARK REGENCY REALTY - New$1,149,950Active5 beds 3 baths2,437 sq. ft.
18867 Dylan Street, Porter Ranch, CA 91326
MLS# SR25187889Listed by: PARK REGENCY REALTY - New$640,000Active3 beds 3 baths1,435 sq. ft.
9217 Cedros Avenue #A, Panorama City, CA 91402
MLS# SR25188783Listed by: REALTY ONE GROUP SUCCESS - Open Sat, 2 to 4pmNew$795,000Active1 beds 1 baths920 sq. ft.
1155 South Grand Avenue #2105, Los Angeles, CA 90015
MLS# WS25182186Listed by: ELPIS REALTY INC - New$1,395,000Active4 beds 2 baths2,097 sq. ft.
1203 N Normandie Avenue, Los Angeles, CA 90029
MLS# SR25188631Listed by: EXP REALTY OF GREATER LOS ANGELES, INC.