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. 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.
Sold for $1,300,000
$1,300,000
123 S Westmoreland Ave, Los Angeles, CA 90004
--beds
16baths
7,760sqft
Multi Family
Built in 1925
-- sqft lot
$1,288,300 Zestimate®
$168/sqft
$2,601 Estimated rent
Home value
$1,288,300
$1.17M - $1.42M
$2,601/mo
Zestimate® history
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$8,274/mo
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Zillow last checked:
Listing updated:
Listed by:
George Morales DRE # 01984555 323-578-8423,
Compass 310-230-5478
Bought with:
George Morales, DRE # 01984555
Compass
Subscriber Non, DRE # 13252
Non-Participant Office
Source: CLAW,MLS#: 25538349
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 16
Heating
- None
Cooling
- None
Interior area
- Total structure area: 7,760
- Total interior livable area: 7,760 sqft
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,499 Square Feet
- Dimensions: 52 x 125
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1925
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $255,453
- Date on market: 5/13/2025
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Sold | $1,300,000-21.2%$168/sqft |
Source:  CLAW #25538349 Report a problem | ||
| 3/4/2026 | Contingent | $1,650,000$213/sqft |
Source: CLAW #25538349 Report a problem | ||
| 2/26/2026 | Listed for sale | $1,650,000$213/sqft |
Source: CLAW #25538349 Report a problem | ||
| 1/31/2026 | Contingent | $1,650,000$213/sqft |
Source: CLAW #25538349 Report a problem | ||
| 1/17/2026 | Price change | $1,650,000-12.9%$213/sqft |
Source: CLAW #25538349 Report a problem | ||
| 9/27/2025 | Price change | $1,895,000-15.7%$244/sqft |
Source: CLAW #25538349 Report a problem | ||
| 7/24/2025 | Price change | $2,248,000-10%$290/sqft |
Source: CLAW #25538349 Report a problem | ||
| 5/13/2025 | Listed for sale | $2,498,000$322/sqft |
Source: CLAW #25538349 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Koreatown
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Nearby schools
GreatSchools rating
- 8/10Dr. Sammy Lee Medical And Health Science Magnet ElementaryGrades: K-5Distance: 0.1 mi
- 7/10Virgil Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Belmont Senior High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$1,288,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,288,300
- California
- Los Angeles County
- Los Angeles
- 90004
- Koreatown
- 123 S Westmoreland Ave
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