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300 S Westmoreland Ave Los Angeles, CA 90020

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For Sale
$7,250,000

21-unit multifamily property in Koreatown, Los Angeles. Non-rent controlled.

Lot size:
0.18 Acres

Property Features for 300 S Westmoreland Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.18 Acres

Building Details

Year built
1994

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Listing Contact
Alex Shin
Source: Elliman

Listing Agent: Alex Shin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Koreatown Multifamily Investment Opportunity

Located at 300 S. Westmoreland Blvd in the Koreatown neighborhood of Los Angeles, this 21-unit multifamily property presents an investment opportunity with convenient freeway access. Constructed in 1994, the property is not subject to rent control. The unit mix comprises eighteen one-bedroom, one-bathroom units and three two-bedroom, two-bathroom units. Residents benefit from a gated parking garage with space for 30 cars, offering a parking ratio of one or two spaces per unit. Laundry facilities are available on each floor. The location provides convenient access to restaurants, supermarkets, pharmacies, shops, and schools.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.28771
Latitude
34.06871

FAQs

What type of property is this?
Apartment building - 21-unit multifamily property in Koreatown, Los Angeles. Non-rent controlled.
Where is this apartment building located?
The property is located at 300 S Westmoreland Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: - Prime Koreatown location in Los Angeles; - Non-rent controlled property; - Built in 1994
More about this property
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