118 N Westmoreland Avenue, Los Angeles, CA 90004
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Danielle Broad

Danielle Broad

+1(925) 383-9200
$3,750,000
Est. payment /mo
18,765 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 18,765 sqft

Price per Sqft $199

MLS Listing ID CL26648423

HOA Y/N No

Year Built 1926

Lot Size 8,406 Sqft

Acres 0.19

Property Sub-Type Other

Property Description

118 N Westmoreland Ave | 24-Unit Rent-Controlled Multifamily Portfolio Offering in Koreatown / East Hollywood. Built in 1926, this classic Los Angeles multifamily asset features a balanced unit mix of (12) studios and (12) 1-bed/1-bath units, supporting broad renter appeal and leasing flexibility. The property is currently operating with multiple vacant units and below-market in-place rents, providing immediate upside through lease-up and mark-to-market rent growth across the rent roll. Situated in a dense, transit-oriented infill corridor with proximity to major employment centers, neighborhood retail, and public transportation, the asset benefits from durable tenant demand in one of Los Angeles' most supply-constrained rental submarkets. Offered exclusively as part of a two-property Westmoreland Avenue portfolio, the property must be acquired together with the adjacent asset at 124 N Westmoreland Ave.

Location

State CA

County Los Angeles

Zoning LAM1

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Building

New Construction No

Others

Tax ID 5501007017

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Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Taylor Avakian • Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOLS & PROPERTIES

Danielle Broad

+1(925) 383-9200

danielle.broad@exprealty.com

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118 N Westmoreland Avenue

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