124 N Westmoreland Avenue Los Angeles, CA ^$ 4,350,000

124 N Westmoreland Avenue

^$ 4,350,000

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Recently Listed

124 N Westmoreland Avenue

Los Angeles, CA, 90004

^$ 4,350,000

Studio Baths30.0 Sq 17,730

Monthly Estimate*

^$ 26,784

Listed by Lyon Stahl Investment Real Estate, Inc.

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 1

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 2

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 3

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 4

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 5

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 6

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 7

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 8

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 9

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 10

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 11

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 12

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 13

124 N Westmoreland Avenue, Los Angeles, CA 90004 - Image 14

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,350,000 with 30 full baths. This 17,730 square foot home was built in 1927 on a lot size of 0.193.

124 N Westmoreland Ave | 30-Unit Rent-Controlled Multifamily Portfolio Offering in Koreatown / East Hollywood. Built in 1927, this well-located urban infill asset is comprised entirely of (30) studio units, a product type that continues to perform well in high-density, transit-oriented submarkets due to affordability, leasing velocity, and operational efficiency. The property is currently operating with multiple vacant units and below-market in-place rents, providing immediate upside through lease-up and systematic rent optimization across the rent roll. Situated along a dense residential corridor with proximity to major employment centers, neighborhood retail, and public transportation, the asset benefits from durable tenant demand in one of Los Angeles' most supply-constrained rental markets. Offered exclusively as part of a two-property Westmoreland Avenue portfolio, the property must be acquired together with the adjacent asset at 118 N Westmoreland Ave.

Multi-Family Active

Price

^$ 4,350,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.193

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26648425

Days on Market

Features

General

Living Area 17730

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Appliances Microwave

Zoning LAM1

Year Built 1927

Levels Multi/Split

Gross Income 506438

County Los Angeles

Net Operating Income 317741

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Along N Westmoreland Ave near the corner of 1st St

City Los Angeles

Senior Community Y/N false

Number Of Units Total 30

MLS Area C17 - Mid-Wilshire

Lot Size Units Square Feet

Lot Size Square Feet 8407

Standard Status Active

Cap Rate 7.29

Interior

Total Stories 0

Air Conditioning Y/N true

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 0

Total Baths 30

Exterior

Parking Features None

Total Parking 0

Lot Size Area 8407

Number of Buildings 1

Building Area Total 17730

Lot Dimensions 60x140

Lot Size Acres 0.193

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

taylor@lyonstahl.com

Affordability Calculator

$26,784

Per Month

Monthly Principal & Interest: $26,784
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,843,492

Percent of Sale Price 58%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
2/13/2026	$4,350,000		Listed Price

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124 N Westmoreland Avenue, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $4,350,000 with 17,730 sqft and a lot size of 0.193. 124 N Westmoreland Avenue is a studio with 30.0 baths and was built in 1927. The property's zip code is 90004 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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124 N Westmoreland Avenue

Multi-Family Home for sale in Los Angeles, CA

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