123 S Westmoreland Avenue, Los Angeles, CA 90004 (MLS # 25538349)

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PRICE $1,895,000 dsIDX morgage calculator
BEDS 0
BATHS 16
HOME SIZE 7,760 sqft
LOT SIZE 6,500 sqft

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. Price reduced by $353,000 Going-in CAP: 6.94% | GRM 10.11 Priced at $118,487/unit and $244.20/SF. 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.

DAYS ON MARKET 177 LAST UPDATED 9/26/2025
YEAR BUILT 1925 COMMUNITY C17 - Mid-Wilshire
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Jul 24, '25 $2,498,000
Jul 24, '25 - Sep 26, '25 $2,248,000
Sep 26, '25 - Today $1,895,000


ADDITIONAL DETAILS
AIR None
AREA C17 - Mid-Wilshire
HEAT None
LOT 6499 sq ft
LOT DIMENSIONS 52x125
PARKING None
STORIES 2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. 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.

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