Spa & Wellness Property with
For Sale
Contact for pricing
238 Westmoreland Ave, Los Angeles, CA 90004
Operating postpartum recovery facility with residential-style accommodations, on-site parking, and an existing hotel permit.
Property Size4,418 SF
Price / SF$611.14
Days on Market134
Property Features for 238 Westmoreland Ave
General Information
Standard status
Active
Size
4,418 SF
Class
B
Total Parking Spaces
9
Property subtype
Business for Sale
Zoning
LAR3
Investment Type
Owner/User
Net Operating Income
$720,000
Financials
Asking Price
$2,699,999
Business Included
Yes
Amenities
central air
solar panel system
new electrical box
existing hotel permit
Building Details
Year Built
1919
Year Renovated
2017
Buildings
1
Stories
2
Units
13
Listing Agency:
Coldwell Banker Studio City
(562) 888-3577
Listed By:
Jason Kim · License #02129083
Source:
Crexi
Added: Apr 20
Changed: Aug 30
Last Checked: Aug 30 at 5:58PM
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 Coldwell Banker Studio City
Investment Insights
Based on property information with market context.
Located at 238 Westmoreland Ave in Los Angeles, this 4,418-square-foot property is currently operated as a postpartum recovery and adult care facility. The layout includes 12 bedrooms, 13 bathrooms, and 9 gated parking spaces, providing established accommodations for residents, caregivers, and staff. The property has been used for postpartum care for 18 years and may be delivered vacant.
Originally built in 1919 and renovated in 2017, the building includes central air, a newer solar panel system, and a new electrical box. An existing hotel permit adds to the property's documented operational flexibility. The site is zoned LAR3, and the business may be offered with or without the real estate.
Originally built in 1919 and renovated in 2017, the building includes central air, a newer solar panel system, and a new electrical box. An existing hotel permit adds to the property's documented operational flexibility. The site is zoned LAR3, and the business may be offered with or without the real estate.
Key Highlights
- 4,418‑square‑foot facility with 12 bedrooms and 13 bathrooms
- Currently operating as a postpartum recovery and adult care facility
- 9 gated parking spaces included
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,878
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90004, CA
58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Spa & wellness property - Operating postpartum recovery facility with residential-style accommodations, on-site parking, and an existing hotel permit.
Where is this spa & wellness property located?
The property is located at 238 Westmoreland Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,699,999.
What are key features of this property?
This property features: 4,418‑square‑foot facility with 12 bedrooms and 13 bathrooms; Currently operating as a postpartum recovery and adult care facility; 9 gated parking spaces included
