Overview
- 0
- 1925
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.
Address
Open on Google Maps- Address Westmoreland
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90004
Details
Updated on January 17, 2026 at 4:06 am- Property ID: HZ25537551
- Price: $1,650,000
- Bathroom: 0
- Year Built: 1925
- Property Status: CommercialSale
- Listed by: George Morales
- DRE #: 01984555
- Contact Mail: georgemorales@compass.com
- Brokered by: Compass
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