Active

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

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Total Baths: 5 Full Baths: 5

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Asphalt Exterior Property Features: Lighting Interior Features: High Ceilings,Multiple Staircases,Two Story Ceilings,All Bedrooms Up,All Bedrooms Down,Primary Suite Windows: Insulated Windows Basement Description: Finished Property Appliances: Built-In Range,ENERGY STAR Qualified Appliances,Gas Oven,Refrigerator,Washer Fireplace: None Flooring: Vinyl,Wood
  • Cooling Features

    Central Air,Wall/Window Unit(s) Air Conditioning

    Heating Source

    Central Has Heating

    Energy

    Green Energy: HVAC,Water Heater,Appliances

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1919 Construction: Brick,Drywall,Glass,Stucco Roof: Asphalt Has Basement
  • Exterior Features

    Lighting

    Foundation

    Brick/Mortar
  • Accessibility Features

    Parking

    Pool Features

    None

    Laundry Features

    Washer Hookup,Gas Dryer Hookup

    Patio And Porch

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2239
  • Lot Size Source: Assessor Lot Size Square Feet: 9754

  • Listing Price Information

    Original List Price: 2,699,999 Listing Contract Date: 2026-04-18
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5501020010

  • Garage and Parking

    Garage Description: Driveway Up Slope From Street,One Space

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Directions: 4 block east of 3rd street and Vermont Source Property Type: Residential Area: C17 - Mid-Wilshire Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 107 Common Walls: 2+ Common Walls Property Condition: Repairs Cosmetic Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 4416 Entry Level: 1 Entry Location: front and back Property Attached: Yes Levels or Stories: Two Building Total Stories: 2 Structure Type: House
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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
124 N Westmoreland Avenue, Los Angeles, CA, 90004 $4,350,000 -- -- 17,730 17,730 SqFt
118 N Westmoreland Avenue, Los Angeles, CA, 90004 $3,750,000 -- -- 18,765 18,765 SqFt

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ByOwner last updated this listing 06/19/2026 @ 14:52

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

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