124 N Westmoreland Avenue
Los Angeles, CA 90004
0
Bed
0
Bath
17,730Sqft
8,407Sqft(Lot)
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 mar
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 0Bathroom Information
Total Baths: 30 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Microwave -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1927 Building Area Total: 17,730
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.193 Lot Size Dimensions: 60x140 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 8407
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Listing Price Information
Original List Price: 4,350,000 Listing Contract Date: 2026-02-02 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5501007016
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Garage and Parking
Garage Description: NoneHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Directions: Along N Westmoreland Ave near the corner of 1st St Zoning: LAM1 Source Property Type: Residential Income Area: C17 - Mid-Wilshire -
Building and Construction
Property Age: 99 Year Built Source: Vendor Enhanced Total Square Feet Living: 17730 Levels or Stories: Multi/Split
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 542 N Commonwealth, Los Angeles, CA, 90004 | $1,675,000 | 3 | 3 | 2,847 | 2,847 SqFt |
| 432 N Commonwealth, Los Angeles, CA, 90004 | $795,000 | 4 | 2 | 1,432 | 1,432 SqFt |
| 441 N Commonwealth Avenue, Los Angeles, CA, 90004 | $850,000 | 1 | 1 | 1,014 | 1,014 SqFt |
| 447 N Commonwealth Avenue, Los Angeles, CA, 90004 | $900,000 | 3 | -- | 1,798 | 1,798 SqFt |
| 3812 Middlebury, Los Angeles, CA, 90004 | $799,800 | 3 | 2 | 1,240 | 1,240 SqFt |
| 449 N Virgil, Los Angeles, CA, 90004 | $1,299,000 | 2 | 2 | 1,886 | 1,886 SqFt |
| 3220 W 2nd Street, Los Angeles, CA, 90004 | $1,480,000 | 8 | -- | 7,985 | 7,985 SqFt |
| 210 S Commonwealth Avenue, Los Angeles, CA, 90004 | $3,590,000 | 24 | -- | 10,884 | 10,884 SqFt |
| 118 N Westmoreland Avenue, Los Angeles, CA, 90004 | $3,750,000 | -- | -- | 18,765 | 18,765 SqFt |
| 238 S Westmoreland, Los Angeles, CA, 90004 | $2,699,999 | 8 | 5 | 4,416 | 4,416 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 18:05
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