S Westmoreland Avenue

Los Angeles | California

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Compass – Beverly Hills

Presented At

$1,895,000

Living

7,760

SQFT

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123

S Westmoreland Avenue

Los Angeles | California

123 S Westmoreland Avenue, Los Angeles, California, United States. , Los Angeles , California

Residential Income in Los Angeles

123 S. Westmoreland Ave, Los Angeles, CA 90004 16-Unit Multifamily | Koreatown / Virgil Village | Huge Price Reduction. Prime Koreatown/Virgil Village location, walkable to restaurants, retail, and transit (Vermont/Beverly Metro). 16 studio units | 7,760 SF building on 6,490 SF lot. 4 units delivered vacant at COE immediate rent-up opportunity. Price reduced by $353,000 Going-in CAP: 6.94% | GRM 10.11 Priced at $118,487/unit and $244.20/SF. Qualified Opportunity Zone (buyer to verify). Subject to LARSO. Rare value-add opportunity in one of LA's most dynamic rental markets. Qualified Opportunity Zones is provided for general reference only and does not constitute legal, tax, or financial advice. Buyer to perform buyer s own due diligence to verify all permits, SQFT, bedroom/bathroom count, school, and accuracy of all property related info.

Property

3D Street View Tour

Property Location

123 S Westmoreland Avenue, Los Angeles, California, United States., Los Angeles California

Local Weather & Climate

Los Angeles, California

Current Conditions Updated recently

57 °F

Scattered clouds

Feels Like 55°F

Humidity 46%

Wind 17 mph

Visibility 6.2 mi

Sunrise 2:34 PM

Sunset 1:39 AM

5-Day Forecast

Wed 18 Feb

Clouds

High 57°

Low 57°

Thu 19 Feb

Clouds

High 55°

Low 45°

Fri 20 Feb

Clouds

High 58°

Low 48°

Sat 21 Feb

Clear

High 63°

Low 51°

Sun 22 Feb

Clouds

High 69°

Low 56°

Annual Climate Based on last 12 months

57° Avg Low

Jan

79° Avg High

Aug

53 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

26.1" Annual Rainfall

Semi-Arid climate

Monthly Temperatures

Jan

69°

47°

Feb

72°

49°

Mar

84°

57°

Apr

76°

55°

May

77°

58°

Jun

81°

61°

Jul

90°

66°

Aug

94°

69°

Sep

87°

67°

Oct

81°

58°

Nov

71°

53°

Dec

68°

49°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Los Angeles?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

What is the size of 123 S Westmoreland Avenue, Los Angeles, California, United States?

This property offers 7,760 square feet of living space.

What is the listing price for 123 S Westmoreland Avenue, Los Angeles, California, United States?

This property is listed at $189,500,000, which equals $24420 per square foot.

What is the climate like in Los Angeles?

Los Angeles features a pleasant climate. Average temperatures range from 57°F in winter to 79°F in summer. The area receives approximately 26.1 inches of precipitation annually. There are about 53 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Los Angeles?

Los Angeles tends to be warmest in Aug and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 123 S Westmoreland Avenue, Los Angeles, California, United States?

This is a other located in Los Angeles, California. The property is situated in an established neighborhood with convenient access to local amenities and services.