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123 S Westmoreland Ave
Los Angeles, CA 90004 Koreatown

$1,895,000 USD

Apartments For Sale • 7,760 SF

Property Details

Property Type Apartments
Total Building Size 7,760 SF
Lot Size 0.15 AC
Building Class C
Year Built 1925
Zoning LAR3

72 Transit Score

92 Walk Score

                
                    Highlights
                
                                NOW, HUGE PRICE REDUCTION OF $353,000. First Time on the Market in Over 29 Years!
                            
                                Going in CAP Rate 6.94%, Market CAP Rate of 11.01%
                            
                                Priced at $118,487/Unit and $244.20/SF
                            
                                4-Units to be Delivered Vacant at COE Allowing Investors to Bring Rents to Market Immediately
                            
                                Enormous Opportunity for Rental Growth via Targeted Renovations for the Savvy and Mission-Oriented Operator
                            
                                Qualified Opportunity Zone Investment. Subject to LARSO

Property Flyers

Marketing Brochure/Flyer

Opportunity Zone Guide

Public Transportation

Commuter Rail	Drive	Walk	Distance
	7 min	-	3.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	4.0 mi
Transit/Subway	Drive	Walk	Distance
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	9 min	0.5 mi
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Bob Hope	20 min	-	11.9 mi
Los Angeles International	26 min	-	14.9 mi
Long Beach (Daugherty Field)	35 min	-	24.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

George Morales 323-578-8423 KW Commercial Beverly Hills

123 S Westmoreland Ave Los Angeles, CA 90004 Koreatown