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238 S Westmoreland

Los Angeles, CA 90004
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Bed 8

Bed

Bath 5

Bath

SqFt4,416

Sqft

SqFt9,754

Sqft(Lot)

Exceptional Virgil Village / Koreatown Investment Opportunity Business and Real estate (hotel permit) Don’t miss this rare chance to own a prime income-producing property on the prominent corner of 3rd Street and Virgil, in one of Los Angeles’ most sought-after and high-demand neighborhoods. Featuring 12 bedrooms, 13 bathrooms, and 9 gated parking spaces, this well-maintained property offers outstanding flexibility, strong upside potential, and exceptional long-term value. Originally renovated in 2017, the property includes central air, a newer solar panel system, a new electrical box, and an existing hotel permit. Currently operated as a Adult care facility 18 yrs in business with yelp reviews, it provides a unique opportunity for investors, operators, or buyers looking for a versati le asset with multiple potential uses. The business and property are being offered at an exceptional price, creating an attractive value proposition in a premier location. The property may also be delivered vacant, allowing even more options for repositioning, expansion, or future use. In excellent condition and already generating strong revenue, this is a rare opportunity to acquire a property with size, location, income potential, and lasting upside. 1031 exchange buyers are welcome.

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Detail Ic Property Details

Property Type : Residential

Price : $2,699,999

AD Id : 77589093

MLS Id : PW26084088

Beds : 8

Lot Size : 9,754 Sqft

Living Area Size : 4,416

Year Built : 1919

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 5 Full Baths: 5

    Room Information

    Has Basement: 1 Basement: Finished

    Roofing Information

    Asphalt

    Flooring Information

    Vinyl, Wood
  • Interior Features

    High Ceilings, Multiple Staircases, Two Story Ceilings, All Bedrooms Up, All Bedrooms Down, Primary Suite
    Roof: Asphalt
    Appliances: Built-In Range, ENERGY STAR Qualified Appliances, Gas Oven, Refrigerator, Washer
    Laundry Features: Washer Hookup, Gas Dryer Hookup
    Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air, Wall/Window Unit(s)

  • Building Information

    Year Built: 1919
    Construction Materials: Brick, Drywall, Glass, Stucco
    Stories: 2
    Patio And Porch Features: None
    Pool Features: None
    Private Pool: No
    View: Neighborhood
  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Main Square Feet: 9754 Lot Size Acres: 0.2239 Lot Size Source: Assessor Lot Size Square Feet: 9,754 Lot Description: 6-10 Units/Acre,Back Yard,Corner Lot,Sprinkler System,Yard

  • Listing Price Information

    Listing Price: $2699999
    1031 Exchange

  • Tax Information

    Parcel Number: 5501020010 Tax Lot: 50

  • Utility Information

    Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Location Information

    Direction: 4 block east of 3rd street and Vermont WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
542 N Commonwealth, Los Angeles, CA, 90004 $1,560,000 3 3 2,847 2,847 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
426 N Virgil Avenue, Los Angeles, CA, 90004 $1,399,000 -- -- 3,427 3,427 SqFt
3812 Middlebury, Los Angeles, CA, 90004 $799,800 3 3 1,240 1,240 SqFt
3875 Middlebury Street, Los Angeles, CA, 90004 $699,000 2 1 667 667 SqFt
210 S Commonwealth Avenue, Los Angeles, CA, 90004 $3,590,000 24 -- 10,884 10,884 SqFt
124 N Berendo Street, Los Angeles, CA, 90004 $1,200,000 5 -- 3,939 3,939 SqFt
122 S Berendo Street, Los Angeles, CA, 90004 $2,275,000 4 -- 5,237 5,237 SqFt
525 N Kenmore Avenue, Los Angeles, CA, 90004 $1,500,000 -- -- 4,924 4,924 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 05:17

MLS: PW26084088 LISTED BY: Jason Kim, Coldwell Banker Realty 562-494-4600 SOURCE: CRMLS

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