CA > Los Angeles
Los Angeles, CA 90004,123 S Westmoreland AVE
Los Angeles, CA 90004,123 S Westmoreland AVE
Los Angeles, CA 90004,123 S Westmoreland AVE
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$1,895,000
Est. payment /mo
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6,499 Sqft Lot
Price Dropped by $353K

123 S Westmoreland AVE Los Angeles, CA 90004

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Brian Winter

Brian Winter

+1(559) 737-2923

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25537551

HOA Y/N No

Year Built 1925

Lot Size 6,499 Sqft

Property 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. 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.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Interior

Fireplace No

Exterior

Community Features Gated

Roof Type Clay,Flat

Building

Story 2

Others

Tax ID 5501015008

Security Features Gated Community

Special Listing Condition Standard

CRMLS – RECore
Listed by George Morales Compass

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Brian Winter

Brian Winter

Agent | License ID: 0200992

+1(559) 737-2923

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123 S Westmoreland AVE

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