Exceptional Virgil Village / Koreatown Investment Opportunity
Business and Real estate
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.
AGENT: Jason Kim LISTING BROKERAGE: Coldwell Banker RealtyBusiness and Real estate
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.
Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 238 S Westmoreland
Los Angeles, CA
Property Details
Price:
$2,699,999
MLS #:
PW26084088
Status:
Active
Beds:
8
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c17midwilshire
Listed Date:
Apr 20, 2026
Finished Sq Ft:
4,416
Lot Size:
9,754 sqft / 0.22 acres (approx)
Year Built:
1919
Spanish, TudorC17 – Mid-wilshireC17midwilshireLos Angeles UnifiedNeighborhood
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Schools
School District:
Los Angeles Unified
Interior
Appliances
RF, ESA, GO, BIR
Bathrooms
5 Full Bathrooms
Cooling
CA, WW
Flooring
VINY, WOOD
Heating
CF
Interior Features
TSCE, _2STR
Laundry Features
GAS, WH, WINC
Levels
U
Main Level Bathrooms
5
Main Level Bedrooms
5
Exterior
Accessibility Features
PK
Architectural Style
SPN, TUD
Common Walls
_2CW
Community Features
SDW, SL
Construction Materials
BRK, STC, DWAL, GLS
Direction Faces
E
Exterior Features
LIT
Green Energy Efficient
APL, HVC, WTR
Parking Spots
9
Parking Total
9
Patio And Porch Features
NO
Roof
ASP
Spa Features
NO
View
NE
Window Features
INSW
Financial
Map
Community
- Address238 S Westmoreland Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
