238 S Westmoreland Los Angeles, CA 90004
8 Beds
5 Baths
4,416 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 4,416 sqft
Price per Sqft $611
MLS Listing ID PW26084088
Bedrooms 8
Full Baths 5
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1919
Lot Size 9,753 Sqft
Property Sub-Type Single Family Residence
Property Description
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 care facility, 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.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Rooms
Basement Finished
Main Level Bedrooms 5
Interior
Interior Features High Ceilings, Multiple Staircases, Two Story Ceilings, All Bedrooms Up, All Bedrooms Down, Primary Suite
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Built-In Range, ENERGY STAR Qualified Appliances, Gas Oven, Refrigerator, Washer
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Exterior Feature Lighting
Parking Features Driveway Up Slope From Street, One Space
Carport Spaces 9
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Asphalt
Accessibility Parking
Porch None
Total Parking Spaces 9
Private Pool No
Building
Lot Description 6-10 Units/Acre, Back Yard, Corner Lot, Sprinkler System, Yard
Dwelling Type House
Faces East
Story 2
Entry Level Two
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Spanish, Tudor
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5501020010
Acceptable Financing 1031 Exchange
Green/Energy Cert Solar
Listing Terms 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES