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$2,699,999
238 S Westmoreland, Los Angeles, CA 90004
Coldwell Banker Realty
MLS® PW26084088
8Beds
5Baths
4,416Sq Ft
9Parking
1919Built
1Days Listed
About This Property
Exceptional Virgil Village / Koreatown Investment Opportunity Dont 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.
Jason KimColdwell Banker Realty213-705-1919MLS® PW26084088
Property Location
Map
Property Details
- Property Type
- Attached
- Bedrooms
- 8
- Bathrooms
- 5
- Building Area
- 4,416 Sqft
- Living Area
- 4,416 sqft
- Year Built
- 1919
- Stories
- 2.0
- Status
- Active
- Days on Market
- 1
- Cumulative Days on Market
- 0
- Original Price
- $2,699,999
- MLS® Number
- PW26084088
Location & Neighborhood
What's nearby 238 S Westmoreland, Los Angeles, CA 90004
Nearby Schools
- Commonwealth Elementary School0.1 mi
elementary
- Commonwealth Elementary School0.1 mi
elementary
- CNCA Kayne Siart K-80.1 mi
elementary
Parks & Recreation
- 0.2 mi
- 0.2 mi
Transit Access
- 3rd & Virgil67 yrd
Bus Stop
- 3rd & Hoover0.2 mi
Bus Stop
- 3rd & Vermont0.2 mi
Bus Stop
- Vermont & 3rd0.2 mi
Bus Stop
- Vermont & 2nd0.3 mi
Bus Stop
Local Amenities
Coffee & Cafes
- Starbucks0.2 mi
- Ricas Crepas0.2 mi
Dining
- Manila Sunset0.2 mi
- Bagnet Tea House0.2 mi
POI data updated 7/19/2026
Los Angeles Market Snapshot
2,914
Active Listings
$775K
Median Price
63
Avg Days on Market
Last updated: Apr 18, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$2,699,999