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20-Unit Loft Apartment Building
New
For Sale
$4,890,000

434 S Westmoreland, Los Angeles, CA 90020

Apartments feature private balconies, gated parking, and separate gas and electric meters.

Property Size15,106 SF
Days on Market4

Property Features for 434 S Westmoreland

General Information

Standard status Active
Size 15,106 SF
Property subtype Apartment

Units

Unit Mix 4 x 2BR/2BA, 14 x 1BR/1.5BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units 20

Building Details

Building Size 15,106 SF
Year Built 1992
Buildings 1
Listing Agency: Resound Properties
Listed By: CRYSTAL YOUNG · License #01783560
Source: Archetyperealty
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 2 at 11:48PM

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 Resound Properties

Investment Insights

Based on property information with market context.

This 20-unit apartment property, built in 1992, offers a varied mix: four two-bedroom, two-bath units; fourteen one-bedroom, one-and-a-half-bath units; one one-bedroom, one-bath unit; and a studio. Residences have two-story loft layouts, high ceilings, private balconies, and natural light. The building has a three-year-old roof, and more than 10 units have newer air-conditioning systems. Gas and electricity are separately metered.

At 434 S Westmoreland in Los Angeles, the property is in the Koreatown/Wilshire Center area. Restaurants, shopping, entertainment, and transportation options are nearby.

Key Highlights

  • 20 apartments: four 2‑bedroom/2‑bath, fourteen 1‑bedroom/1.5‑bath, one 1‑bedroom/1‑bath, and one studio
  • Two‑story loft layouts with high ceilings and private balconies
  • Gated parking and separate gas and electricity meters

Property Analytics

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Current Use

Cherryblue Photography Photography Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Pet Store Buffet Restaurant

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

20
Residential units

Location Intelligence

Trade Area within ½ mile

6,524
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Apartments feature private balconies, gated parking, and separate gas and electric meters.
Where is this apartment building located?
The property is located at 434 S Westmoreland Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,890,000.
What are key features of this property?
This property features: 20 apartments: four 2‑bedroom/2‑bath, fourteen 1‑bedroom/1.5‑bath, one 1‑bedroom/1‑bath, and one studio; Two‑story loft layouts with high ceilings and private balconies; Gated parking and separate gas and electricity meters
More about this property
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