858-525-5007

118 Westmoreland, Los Angeles CA 90004 | $3,750,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 8406 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1926
  • MLS#: 26648423
  • Community: C17 - Mid-Wilshire

Listing provided courtesy of Taylor Avakian of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-02-18 09:11:20.000000. Listing information © 2025 SANDICOR.

118 N Westmoreland Ave | 24-Unit Rent-Controlled Multifamily Portfolio Offering in Koreatown / East Hollywood. Built in 1926, this classic Los Angeles multifamily asset features a balanced unit mix of (12) studios and (12) 1-bed/1-bath units, supporting broad renter appeal and leasing flexibility. The property is currently operating with multiple vacant units and below-market in-place rents, providing immediate upside through lease-up and mark-to-market rent growth across the rent roll. Situated in a dense, transit-oriented infill 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 submarkets. Offered exclusively as part of a two-property Westmoreland Avenue portfolio, the property must be acquired together with the adjacent asset at 124 N Westmoreland Ave.

More Details

0.19 Acres

David Piper​

Call or Text: 858-525-5007

DRE# 02021985