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

124 North Westmoreland Avenue

^$ 4,350,000

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124 North Westmoreland Avenue

Los Angeles, CA, 90004

^$ 4,350,000

Studio Baths0.0 Sq 17,730

Monthly Estimate*

^$ 26,784

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

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

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

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

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

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

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

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

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

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,350,000. This 17,730 square foot home was built in 1927 on a lot size of 0.19.

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

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.19

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026648425

Features

General

Living Area 17730.0

Sewer None

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning LAM1

Year Built 1927

Levels Multi/Split

County Los Angeles

Net Operating Income 317741.0

New Construction No

Property Type C

HOA No

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area C17 - Mid-Wilshire

Lot Size Units Square Feet

Lot Size Square Feet 8407.0

Standard Status Active

Interior

Kitchen Appliances Microwave

Total Stories 0

Air Conditioning Y/N Yes

Heating Y/N Yes

Total Baths 0

Exterior

Lot Size Area 8407.0

Pool Y/N? Yes

Building Area Total 17730.0

Lot Dimensions 60x140

Lot Size Acres 0.19

Land Lease Type Fee

* Excluded Features

List By

Taylor Avakian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

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 ^$1,837,781

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

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

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124 North 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 0.19. 124 North Westmoreland Avenue is a studio with 0.0 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/13/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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124 North Westmoreland Avenue

Multi-Family Home for sale in Los Angeles, CA

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