We are pleased to present for sale an eight-unit apartment community located at 149 South Westmoreland Avenue. Situated just south of 1st Street and west of Virgil Avenue, the property is located near Koreatown in a vibrant and rapidly evolving pocket. Situated on a 6,496-square-foot lot, the property is comprised of seven two-bedroom units and one one-bedroom unit. The property has 57% remaining rental upside through interior unit renovations. The property is individually metered for gas & electric, and each unit has a separate water heater. This offering provides investors the rare opportunity to acquire a 1920s vintage apartment asset consisting of large two-bedroom units with significant upside. Ongoing neighborhood revitalization, combined with the property’s value-add potential, positions 149 South Westmoreland Avenue as an exceptional investment with strong prospects for superior future returns. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
Property Details
Price:
$1,450,000
MLS #:
25580985
Status:
Active
Baths:
0
Address:
149 S Westmoreland Avenue
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Aug 18, 2025
State:
CA
ZIP:
90004
Lot Size:
6,497 sqft / 0.15 acres (approx)
Year Built:
1926
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Community
- Address149 S Westmoreland Avenue Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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149 S Westmoreland Avenue
Los Angeles, CA
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