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About This Home

This 8-bedroom, 5-bathroom single family at 238 S Westmoreland in Los Angeles, CA is listed for $2,699,999 ($611 per sqft). Built in 1919, the home offers 4,416 sqft of living space on a 0.22 acres lot.

Agent Description

Dont Miss out !! Prime Virgil Village / Koreatown Investment Opportunity

Beautiful neighborhood, high-demand on the prominent corner of 3rd Street and Virgil, this exceptional property offers a rare opportunity in one of Los Angeles’ most dynamic locations featuring 12 bedrooms, 13 bathrooms, and 9 gated parking spaces, this well-maintained home is currently operated as a care facility and offers incredible flexibility for the next owner.

Renovated in 2017 and with a hotel permit in place, the property presents outstanding potential for investors, operators, or anyone seeking a versatile income-producing asset. It may also be delivered vacant, creating even more possibilities for future use.

The home is in excellent condition and already generates strong revenue, making it a compelling business opportunity in a prime location.

Don’t miss this chance to own a property with size, location, income potential, and long-term upside.

Opportunities like this are rare and won’t last long. 1031 exchange Welcome!!

Key Features

  • Built in 1919
  • 0.22 acre lot
  • 2 stories
  • 9 parking spaces

Property Details

2 stories
5 full
9 spaces
1919

Amenities

Basement

Monthly Cost Estimate

$14,440/mo

20% down · 6.5% · 30 years

Principal$1,953
Interest$11,700
Insurance$787

Estimates only. Actual payments may vary.

Location

238 S Westmoreland

Los Angeles, CA 90004

Features & Amenities

Interior Features

2 StaircasesTwo Story CeilingsParkingWindow Features: Insulated Windows

Exterior Features

Community Features Included: Street LightsSidewalksLightingCorner LotLot 6500-9999Sprinkler SystemBack Yard6-10 Units/AcreYard

Property Details

Flooring

VinylWood

Construction

BrickGlassStucco

Parking

Driveway

Heating

Central

Cooling

Central AirMulti UnitsWall/Window Unit(s)Window Unit(s)

Appliances

Oven - GasRangeRefrigerator

Questions & Answers

This 8-bedroom, 5-bathroom single family at 238 S Westmoreland is listed at $2,699,999 ($611/sqft). The estimated monthly payment is $11,700 based on 20% down at 6.5% interest.

Key features include: Built in 1919, 0.22 acre lot, 2 stories, 9 parking spaces. Interior Features: 2 Staircases, Two Story Ceilings, Parking. Exterior Features: Community Features Included: Street Lights, Sidewalks, Lighting.

This property is listed by Jason Kim and can be reached at 2137051919 or jkim@realoneestate.com.

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JK

Jason Kim

Agent at Coldwell Banker Realty

(213) 705-1919

Listed by Coldwell Banker Realty · View on Broker Site

MLS# PW26084088· Source: listhub· Updated 1 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

238 S Westmoreland, Los Angeles, CA 90004

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