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$2,699,999
New Listing

238 S Westmoreland
Los Angeles, CA90004

For Sale|Single Family Residence|Coming Soon
8
Beds
5
Total Baths
5
Full Baths
4,416
SqFt
$611
/SqFt
1919
Built
County:
Los Angeles
Listed by Jason Kim of Coldwell Banker Realty [email protected]

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Exceptional Virgil Village / Koreatown Investment Opportunity 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 care facility, it provides a unique opportunity for investors, operators, or buyers looking for a versatile 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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Listing Snapshot
Price 
$2,699,999
Days On Site 
0 Days
Bedrooms 
8
Inside Area (SqFt) 
4,416 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.2239 Acres
Year Built 
1919
MLS® Number 
PW26084088
Status 
Coming Soon
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 hours agoListing first seen on site
12 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.2239
Carport 
9
Direction Faces 
East
Energy Features 
Solar
Foundation 
Brick/Mortar
Green Energy Efficient 
HVACWater HeaterAppliances
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking Spaces 
1
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Style 
SpanishTudor
Utilities 
Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected
Water Source 
Public
Interior Features
Appliances 
Built-In RangeENERGY STAR Qualified AppliancesGas OvenRefrigeratorWasher
Basement 
Finished
Cooling 
Central AirWall/Window Unit(s)
Fireplace Features 
None
Flooring 
VinylWood
Heating 
Central
Interior 
High Ceilings
Laundry Features 
Washer HookupGas Dryer Hookup
Main Level Bedrooms 
5
Window Features 
Insulated Windows
Bathroom 
Bedroom 
Kitchen 
Features - Granite Counters
Living Room 
Master Bedroom 
Office 
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Exterior Features
Construction Details 
BrickGlassStucco
Exterior 
Lighting
Lot Features 
Back YardCorner Lot
Patio And Porch 
None
Pool Features 
None
Road Frontage 
City Street
Roof 
Asphalt
Spa Features 
None
View 
Neighborhood
Waterview 
Neighborhood
Windows/Doors 
Insulated Windows
Community Features
Building Access 
front and back
Community Features 
Street LightsSidewalks
Financing Terms Available 
1031 Exchange
MLS Area 
C17 - Mid-Wilshire
Roads 
Paved
School District 
Los Angeles Unified
Schools
School District
Los Angeles Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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