CA > Los Angeles
Los Angeles, CA 90004,149 S Westmoreland Ave
$1,450,000
Est. payment /mo
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15 Beds
8 Baths
8,458 SqFt
New

149 S Westmoreland Ave Los Angeles, CA 90004

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Jennifer D. Holmes

Jennifer D. Holmes

+1(214) 600-2972

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,458 sqft

Price per Sqft $171

MLS Listing ID 25580985

Bedrooms 15

Year Built 1926

Lot Size 6,497 Sqft

Acres 0.1492

Property Sub-Type Multi-Family

Property Description

We are pleased to present for sale an eight-unit apartment community located at 149 South Westmoreland Avenue. Situated just south of 1st Street and west of Virgil Avenue, the property is located near Koreatown in a vibrant and rapidly evolving pocket. Situated on a 6,496-square-foot lot, the property is comprised of seven two-bedroom units and one one-bedroom unit. The property has 57% remaining rental upside through interior unit renovations. The property is individually metered for gas & electric, and each unit has a separate water heater. This offering provides investors the rare opportunity to acquire a 1920s vintage apartment asset consisting of large two-bedroom units with significant upside. Ongoing neighborhood revitalization, combined with the property's value-add potential, positions 149 South Westmoreland Avenue as an exceptional investment with strong prospects for superior future returns. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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agent

Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972

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149 S Westmoreland Ave

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