Los Angeles, CA 90004,123 S Westmoreland Ave
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Los Angeles, CA 90004,123 S Westmoreland Ave
Los Angeles, CA 90004,123 S Westmoreland Ave
Los Angeles, CA 90004,123 S Westmoreland Ave
Los Angeles, CA 90004,123 S Westmoreland Ave
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Gabriel Carrasco

Gabriel Carrasco

+1(424) 422-6029
$ 1,650,000
Est. payment /mo
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Price Dropped by $245K

123 S Westmoreland Ave Los Angeles, CA 90004

16 Baths

7,760 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,760 sqft

Price per Sqft $212

MLS Listing ID 25537551

Year Built 1925

Lot Size 6,497 Sqft

Acres 0.1492

Property Sub-Type Multi-Family

Property 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. 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.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Interior

Heating Wall Electric

Exterior

Roof Type Flat, Clay

Building

Story 2

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass
Gabriel Carrasco

Gabriel Carrasco

Agent | License ID: 02229520

+1(424) 422-6029

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123 S Westmoreland Ave