Listing Agent: Jason Kim Broker/Office: Coldwell Banker Realty
238 Westmoreland S Los Angeles CA 90004
Listing ID
#PW26084088
Status
Active
Property Type
Single Family Residence
Property Style
Spanish
County
Los Angeles
Year Built
1919
Days on website
3
Exceptional Virgil Village / Koreatown Investment Opportunity
Business and Real estate
Don’t 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.
Accessibility Features:
Parking
Appliances:
Refrigerator, Washer
Basement:
Finished
Community Features:
Sidewalks
Construction Materials:
Brick, Drywall, Glass, Stucco
Direction Faces:
East
Exterior Features:
Lighting
Flooring:
Vinyl, Wood
Green Energy Efficient:
Appliances, HVAC
Green Energy Generation:
Solar
Heating:
Central
High School District:
Los Angeles Unified
Levels:
Two
Lot Features:
Yard
Road Surface Type:
Paved
Roof:
Asphalt
Senior Community YN:
false
Structure Type:
House
View:
Neighborhood
Water Source:
Public
High School District:
Los Angeles Unified
Senior Community YN:
false
MLS Area Major:
C17 - Mid-Wilshire
City:
Los Angeles
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Direct link:
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Listed By:
Jason Kim
Coldwell Banker Realty
CA Lic#
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