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123 South Westmoreland Avenue Los Angeles, CA $ 1,650,000
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$ 1,650,000 Get more info
123 South Westmoreland Avenue
$ 1,650,000
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Share Save

123 South Westmoreland Avenue

Los Angeles, CA, 90004
$ 1,650,000
Baths0.0 Sq 7,760

Monthly Estimate*

$ 10,159

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,650,000. This 7,760 square foot home was built in 1925 on a lot size of 0.15.

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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Multi-Family Contingent

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025538349
Features
General
Living Area 7760.0
Sewer None
Zoning LAR3
Pool Features None
Year Built 1925
Levels Two
County Los Angeles
Net Operating Income 109847.56
New Construction No
Property Type C
HOA No
Contingency Active Under Contract
Status Active Under Contract
City Los Angeles
Senior Community Y/N No
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 6497.0
Property Attached Y/N Yes
Standard Status Active Under Contract
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Exterior
Lot Size Area 6497.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 7760.0
Lot Dimensions 52x125
Lot Size Acres 0.15
Land Lease Type Fee
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Interior
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N No
Heating Y/N No
Entry Level 1
Total Baths 0
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* Excluded Features
List By
George Morales

Listing Agent

Compass

Broker

Affordability Calculator

$10,159
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,159
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/17/2026$1,650,000 -12.93% Price Down
9/28/2025$1,895,000 -15.70% Price Down
7/26/2025$2,248,000 -10.01% Price Down
5/14/2025$2,498,000 Listed Price

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123 South Westmoreland Avenue, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $1,650,000 with 7,760 sqft and a lot size of 0.15. 123 South Westmoreland Avenue is a studio with 0.0 baths and was built in 1925. The property's zip code is 90004 which is in Los Angeles, CA

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