858-525-5007

124 Westmoreland, Los Angeles CA 90004 | $4,350,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 8407 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1927
  • MLS#: 26648425
  • Community: C17 - Mid-Wilshire

Listing provided courtesy of Taylor Avakian of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-02-17 09:11:27.000000. Listing information © 2025 SANDICOR.

124 N Westmoreland Ave | 30-Unit Rent-Controlled Multifamily Portfolio Offering in Koreatown / East Hollywood. Built in 1927, this well-located urban infill asset is comprised entirely of (30) studio units, a product type that continues to perform well in high-density, transit-oriented submarkets due to affordability, leasing velocity, and operational efficiency. The property is currently operating with multiple vacant units and below-market in-place rents, providing immediate upside through lease-up and systematic rent optimization across the rent roll. Situated along a dense residential corridor with proximity to major employment centers, neighborhood retail, and public transportation, the asset benefits from durable tenant demand in one of Los Angeles' most supply-constrained rental markets. Offered exclusively as part of a two-property Westmoreland Avenue portfolio, the property must be acquired together with the adjacent asset at 118 N Westmoreland Ave.

More Details

0.19 Acres

David Piper​

Call or Text: 858-525-5007

DRE# 02021985