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62-Unit Courtyard Apartment Building
For Sale
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1111 Westmoreland Ave, Los Angeles, CA 90006

Courtyard-style apartments offer gated parking, laundry facilities, an elevator, and on-site management.

Property SizeContact for details
Days on Market143

Property Features for 1111 Westmoreland Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Braun International Real Estate
Listed By: Todd Wohl · License #CA 01900930
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:11AM

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 Braun International Real Estate

Investment Insights

Based on property information with market context.

This 62-unit apartment property at 1111 Westmoreland Ave includes courtyard-style common space, semi-subterranean gated parking with 62 spaces, laundry facilities, and an elevator renovated last year. Gated entry and an on-site manager support day-to-day property operations. Apartments include air conditioning, heating, disposals, individual metering, and appliances. A new roof is also in place.

The property is located just south of Olympic Blvd in Los Angeles, near Koreatown and minutes from downtown Los Angeles. Water, sewer, and trash are included in rents, and the building is subject to RSO. The property also provides convenient access to Downtown and includes one parking space per unit.

Key Highlights

  • 62‑unit apartment property with 62 semi‑subterranean gated parking spaces
  • Courtyard‑style layout with gated access and on‑site manager
  • 33 one‑bedroom/one‑bath and 21 two‑bedroom/two‑bath apartments

Property Analytics

Current Use

Steven Lee Painting Painting Service Eleven Eleven Apartments Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Buffet Clothing & Fashion Store Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

4,234
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Courtyard-style apartments offer gated parking, laundry facilities, an elevator, and on-site management.
Where is this apartment building located?
The property is located at 1111 Westmoreland Ave Los Angeles, CA.
What are key features of this property?
This property features: 62‑unit apartment property with 62 semi‑subterranean gated parking spaces; Courtyard‑style layout with gated access and on‑site manager; 33 one‑bedroom/one‑bath and 21 two‑bedroom/two‑bath apartments
More about this property
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