238 S WestmorelandLos Angeles, CA 90004

Single Family · 8 Beds · 5 Full Baths · 4,416 Sq. ft. | 0.22 Acres
$2,699,999 Active

238 S Westmoreland Overview

Time on Site:
72 days
Visits:
0

Exceptional Virgil Village / Koreatown Investment Opportunity Business and Real estate (hotel permit) 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 Adult care facility 18 yrs in business with yelp reviews, 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.

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238 S Westmoreland Facts & Features

  • Type Single Family
  • Sq. ft. 4,416
  • Price/Sq.ft. $611
  • Lot 0.22 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Los Angeles Unified

Green Features

  • Green Energy Efficient: HVAC,Water Heater,Appliances
  • Green Energy Generation: Solar

Building Information

  • New Construction: No
  • Year Built: 1919

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C17 - Mid-Wilshire
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: 1031 Exchange
  • Parcel Number: 5501020010
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Total: 5
  • Bedrooms Total: 8

General Information

  • Accessibility Features: Parking
  • Appliances: Built-In Range,ENERGY STAR Qualified Appliances,Gas Oven,Refrigerator,Washer
  • Common Walls: 2+ Common Walls
  • Electric: Electricity - On Property
  • Entry Level: 1
  • Entry Location: front and back
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl,Wood
  • Foundation Details: Brick/Mortar
  • Interior Features: High Ceilings,Multiple Staircases,Two Story Ceilings,All Bedrooms Up,All Bedrooms Down,Primary Suite
  • Laundry Features: Washer Hookup,Gas Dryer Hookup
  • Levels: Two
  • Living Area: 4416.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2
  • Window Features: Insulated Windows

Exterior

Parking Information

  • Parking Features: Driveway Up Slope From Street,One Space
  • Parking Total: 9.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 6-10 Units/Acre,Back Yard,Corner Lot,Sprinkler System,Yard
  • Lot Size Acres: 0.2239
  • Lot Size Area: 9754.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9754.0
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Spanish,Tudor
    • Construction Materials: Brick,Drywall,Glass,Stucco
    • Direction Faces: East
    • Patio And Porch Features: None
    • Property Attached: Yes
    • Roof: Asphalt
    • Structure Type: House

    General Information

    • Carport Spaces: 9.0
    • Carport: Yes
    • Exterior Features: Lighting
    • Number Of Units Total: 12
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer
    • Utilities: Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Sewer Available,Sewer Connected,Water Available,Water Connected

    238 S Westmoreland Neighborhood

    Community

    90004 (LOS ANGELES) Demographics

    35
    Median Age
    20,047
    Population Density (per sq. mile)
    41%
    College Educated
    $52,775
    Estimated Median Income
    3,781
    Estimated Total Home Owners
    18,747
    Estimated Total Renters
    17% / 83%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    238 S Westmoreland Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    238 S Westmoreland Market Data

    Based on the last 30 days in this zip code

    $2,458,221
    Average List Price
    $935
    Average Price per Square Foot
    13
    Properties Sold
    96
    Average Days on Market
    270
    Properties for Sale
    Calculations provided by Reliance Network

    238 S Westmoreland History

    Date Event Value Agent
    4/20/2026Source: CRMLS Status Change
    Active
    4/18/2026Source: CRMLS Added to Database
    April 18, 2026
    Listing provided courtesy of Coldwell Banker RealtyJason Kim- MLS# PW26084088MLS ProviderContact Information: [email protected] - 562-494-4600
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