238 S Westmoreland, Los Angeles, CA 90004
Local realty services provided by:CENTURY 21 LOTUS
238 S Westmoreland,Los Angeles, CA 90004
$2,699,999
- 8 Beds
- 5 Baths
- 4,416 sq. ft.
- Single family
- Active
Listed by: jason kim
Office: coldwell banker realty562-494-4600
MLS#:PW26084088
Source:CRMLS
Price summary
- Price:$2,699,999
- Price per sq. ft.:$611.41
About this home
Exceptional Virgil Village / Koreatown Investment Opportunity Business and Real estate (hotel permit) Don't miss this rare chance to own a prime income-producing property on the prominent corner of 3rd Street and Virgil, in one of Los Angeles' most sought-after and high-demand neighborhoods. Featuring 12 bedrooms, 13 bathrooms, and 9 gated parking spaces, this well-maintained property offers outstanding flexibility, strong upside potential, and exceptional long-term value. Originally renovated in 2017, the property includes central air, a newer solar panel system, a new electrical box, and an existing hotel permit. Currently operated as a Adult care facility 18 yrs in business with yelp reviews, it provides a unique opportunity for investors, operators, or buyers looking for a versatile asset with multiple potential uses. The business and property are being offered at an exceptional price, creating an attractive value proposition in a premier location. The property may also be delivered vacant, allowing even more options for repositioning, expansion, or future use. In excellent condition and already generating strong revenue, this is a rare opportunity to acquire a property with size, location, income potential, and lasting upside. 1031 exchange buyers are welcome....
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Home facts
- Year built:1919
- Listing ID #:PW26084088
- Added:56 day(s) ago
- Updated:June 14, 2026 at 10:34 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Vinyl, Wood
- Kitchen Description:Built In Range, Gas Oven, Refrigerator
- Basement:Yes
- Basement Description:Finished
- Living area:4,416 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall Window Units
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1919
- Building area:4,416 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Back Yard, Corner Lot, Yard
- Architectural Style:Spanish, Tudor
- Construction Materials:Brick, Drywall, Glass, Stucco
- Exterior Features:Lighting
- Foundation Description:Brick/Mortor
- Levels:2 Story
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$2,699,999
- Price per sq. ft.:$611.41
Features and amenities
- Appliances:Built In Range, Washer
- Laundry features:Washer
- Amenities:All Bedrooms Down, All Bedrooms Up, High Ceilings, Koi Pond, Multiple Staircases, Two Story Ceilings
Parking
- Total parking spaces:9
- Parking description:9 Carport Space(s), Driveway Up Slope From Street, One Space
- Carport spaces:9
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