920 S Westmoreland AVE, Los Angeles, CA 90006

$1,250,000

Est. payment /mo

$2,200,000

43.2%
Est.Price: ?

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920 S Westmoreland AVE Los Angeles, CA 90006

7,392 Sqft Lot

SOLD DATE : 11/10/2026

Key Details

Sold Price $1,250,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IN26031056

Sold Date 11/10/26

HOA Y/N No

Year Built 1957

Lot Size 7,392 Sqft

Property Sub-Type Multi Family

Property Description

15 Bedroom/14 Bath Multi-Family apartment unit opportunity in the Westlake / Koreatown Area
This centrally positioned multi-family property offers a compelling opportunity for investors seeking long-term upside in one of Los Angeles' most established rental corridors. The building features 14 total units, comprised of 13 one-bedroom units and 1 two-bedroom unit. The unit mix is well suited to the surrounding rental market and offers meaningful opportunity for future repositioning. Existing rents and expenses are consistent with the property's condition, presenting a clear path for increased performance through a thoughtful improvement strategy. Conveniently located near Koreatown, Downtown Los Angeles, Wilshire Blvd, and MacArthur Park, the property benefits from strong tenant demand, excellent walkability, and easy access to public transportation, employment centers, and neighborhood amenities. A solid acquisition for investors looking to add value in a core Los Angeles location. A MUST SEE!!!

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Fireplace No

Laundry None

Exterior

Fence Fair Condition, Wrought Iron

Utilities Available Cable Connected, Electricity Connected, Water Connected

Present Use Multi-Family

Building

Lot Description 11-15 Units/Acre, Corner Lot

Story 2

Water Public

Others

Tax ID 5077028027

Security Features Carbon Monoxide Detector(s),Resident Manager,Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, Submit

Listing Terms Cash, Conventional, FHA, Submit

Financing Cash

Special Listing Condition Standard

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Listed by George Wright Gipson West Shores Realty 310-717-3663, DRE #01705843
Bought with General NONMEMBER NONMEMBER MRML

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James Olvera

James Olvera

+1(909) 760-9091

Agent License ID: 02120214

Agent License ID: 02120214

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