123 S. Westmoreland Ave, Los Angeles, CA 90004 16-Unit Multifamily Koreatown / Virgil Village Huge Price Reduction. Prime Koreatown/Virgil Village location, walkable to restaurants, retail, and transit (Vermont/Beverly Metro). 16 studio units 7,760 SF building on 6,490 SF lot. 4 units delivered vacant at… Read More COE immediate rent-up opportunity. Price reduced by $353,000 Going-in CAP: 6.94% GRM 10.11 Priced at $118,487/unit and $244.20/SF. Qualified Opportunity Zone (buyer to verify). Subject to LARSO. Rare value-add opportunity in one of LA's most dynamic rental markets. Qualified Opportunity Zones is provided for general reference only and does not constitute legal, tax, or financial advice. Buyer to perform buyer s own due diligence to verify all permits, SQFT, bedroom/bathroom count, school, and accuracy of all property related info. Read Less
Property listed by Compass, George Morales 310-230-5478
Listing Snapshot
Days Online
165
Last Updated
Property Type
Other
Square Ft.
7,760
Lot Size
0.15 Acres
Year Built
1925
MLS Number
25538349
30 Days Snapshot Of 90004
$2.23M
-27%
(avg) sold price
17
+70%
homes sold
87
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1925, Building area total: 7,760, Levels: Two, Living area: 7760, 2 stories, 1 building
Cooling
None
Heating
None
Income
Gross income: $187,466, Net operating income: $131,505
Lot
0.1492 acres, 6,497 square feet, Size: 6,497
Parking
None
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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