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Four-Story Apartment Community
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Pending

500 South Westmoreland Avenue, Los Angeles, CA 90020

Mid-rise apartment community with 54 units across a four-story building with concrete and stucco construction.

Property SizeContact for details
Days on Market123

Property Features for 500 South Westmoreland Avenue

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 54

Building Details

Year Built 1926
Stories 4
Tenancy Multi
Listing Agency: Northmarq
Listed By: Brent Sprenkle · License #01290116
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 8 at 9:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq

Investment Insights

Based on property information with market context.

500 South Westmoreland is a 54-unit, four-story mid-rise apartment community built in 1926. The property features rolled composition roofing and concrete/stucco construction, with a two-tone exterior and decorative molding.

The unit mix includes three efficiency units without a kitchen, 24 studio units with a kitchen, and 27 one-bedroom units. The average unit size is approximately 669 square feet.

Key Highlights

  • 54‑unit, four‑story mid‑rise apartment community in Los Angeles’ Koreatown neighborhood
  • Built in 1926 with concrete/stucco construction and rolled composition roofing
  • Unit mix includes 3 efficiency units with no kitchen, 24 studio units with a kitchen, and 27 one‑bedroom units

Property Analytics

Current Use

Mosser Apartment Building Gwenyth (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Travel Agency Skin Care Clinic Carpet & Flooring Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

54
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,924
Businesses Nearby

Demographics for 90020, CA

38,694
Population
19,119
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
35,176
Density / Sq Mi
$55,832
Median Household Income
$37,718
Median Earnings
$1,734
Median Rent
$826,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Mid-rise apartment community with 54 units across a four-story building with concrete and stucco construction.
Where is this apartment building located?
The property is located at 500 South Westmoreland Avenue Los Angeles, CA.
What are key features of this property?
This property features: 54‑unit, four‑story mid‑rise apartment community in Los Angeles’ Koreatown neighborhood; Built in 1926 with concrete/stucco construction and rolled composition roofing; Unit mix includes 3 efficiency units with no kitchen, 24 studio units with a kitchen, and 27 one‑bedroom units
(310) 621-8221 Call to check price and availability
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