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123 S Westmoreland Avenue, Los Angeles, CA 90004

Local realty services provided by:CENTURY 21 Cornerstone
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:263 day(s) ago
  • Updated:January 31, 2026 at 03:26 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Cornerstone is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Cornerstone, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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