- 1 Bed
- 2 Baths
- 18,765 Sqft
- .19 Acres
118 N Westmoreland Avenue
118 N Westmoreland Ave | 24-Unit Rent-Controlled Multifamily Portfolio Offering in Koreatown / East Hollywood. Built in 1926, this classic Los Angeles multifamily asset features a balanced unit mix of (12) studios and (12) 1-bed/1-bath units, supporting broad renter appeal and leasing flexibility. The property is currently operating with multiple vacant units and below-market in-place rents, providing immediate upside through lease-up and mark-to-market rent growth across the rent roll. Situated in a dense, transit-oriented infill corridor with proximity to major employment centers, neighborhood retail, and public transportation, the asset benefits from durable tenant demand in one of Los Angeles' most supply-constrained rental submarkets. Offered exclusively as part of a two-property Westmoreland Avenue portfolio, the property must be acquired together with the adjacent asset at 124 N Westmoreland Ave.
Essential Information
- MLS® #26648423
- Price$3,750,000
- Bedrooms1
- Bathrooms2.00
- Square Footage18,765
- Acres0.19
- Year Built1926
- TypeResidential Income
- StatusActive
Community Information
- Address118 N Westmoreland Avenue
- AreaC17 - Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
Amenities
- ParkingNone
- GaragesNone
Interior
- AppliancesMicrowave
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
- StoriesMulti/Split
Additional Information
- Date ListedFebruary 9th, 2026
- Days on Market49
- ZoningLAM1
Listing Details
- AgentTaylor Avakian
Office
Lyon Stahl Investment Real Estate, Inc.
Taylor Avakian, Lyon Stahl Investment Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of March 30th, 2026 at 12:45pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.