238 S Westmoreland, Los Angeles, CA 90004 - Photo 1 of 1, Los Angeles, CA
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$2,699,999Coming Soon

238 S Westmoreland, Los Angeles, CA 90004

Coldwell Banker Realty
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.

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
Coming Soon
Days on Market
1
Cumulative Days on Market
0
Original Price
$2,699,999

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Los Angeles Market Snapshot

1,531

Active Listings

$800K

Median Price

86

Avg Days on Market

Last updated: Apr 18, 2026

Listed by

Jason Kim, Coldwell Banker Realty · 213-705-1919

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