Millman Team Real Estate

$1,450,000
15 Bed
8 Bath
8,458 Sqft
0.15 Acre Lot

149 S Westmoreland Avenue, Los Angeles, California 90004

  • Residential Income Property Type
  • 8,458 Sqft Square Footage
  • None Cars Garage
  • 1926 Year Built
Property Description

We are pleased to present for sale an eight-unit apartment community located at 149 South Westmoreland Avenue. Situated just south of 1st Street and west of Virgil Avenue, the property is located near Koreatown in a vibrant and rapidly evolving pocket. Situated on a 6,496-square-foot lot, the property is comprised of seven two-bedroom units and one one-bedroom unit. The property has 57% remaining rental upside through interior unit renovations. The property is individually metered for gas & electric, and each unit has a separate water heater. This offering provides investors the rare opportunity to acquire a 1920s vintage apartment asset consisting of large two-bedroom units with significant upside. Ongoing neighborhood revitalization, combined with the property’s value-add potential, positions 149 South Westmoreland Avenue as an exceptional investment with strong prospects for superior future returns. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Basic Details
Residential Income
For Sale
25580985
$1,450,000
15
8
8,458 Sqft
1926
0.15 Acre
Active
Features
: None
$0
Address Map
CA
Los Angeles
Los Angeles
90004
Westmoreland
149
Avenue
South of 1st Street & West of Virgil Avenue
C17 - Mid-Wilshire
S
LAR3
Additional Information
$0
$0
$0
$0
$0
8458
: Two
8
2025-08-18
2
2
Broker/Agent Information
Marcus & Millichap
Sean Rosenzweig
Listing Information
CLW-C107850
CLW-X7515101
Active
2025-09-04T18:00:56Z
CRMLS
: Standard
2025-08-18T00:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us