Stacey Alysson Melman

238 S Westmoreland Los Angeles CA 90004 MLS #PW26084088

238 S Westmoreland
Los Angeles, CA, 90004
$2,699,999
8 Beds
5 Baths
4,416 SqFt
0.22 Acres
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MLS #PW26084088 image #0
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 Realty
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

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