238 Westmoreland

Los Angeles, CA, 90004

For Sale $2,699,999

8beds
5baths
4,416sqft
0.22acre

Exceptional Virgil Village / Koreatown Investment Opportunity Business and Real estate (hotel permit) Don’t miss this rare chance to own a prime income-producing property on the prominent corner of 3rd Street and Virgil, in one of Los Angeles’ most sought-after and high-demand neighborhoods. Featuring 12 bedrooms, 13 bathrooms, and 9 gated parking spaces, this well-maintained property offers outstanding flexibility, strong upside potential, and exceptional long-term value. Originally renovated in 2017, the property includes central air, a newer solar panel system, a new electrical box, and an existing hotel permit. Currently operated as a Adult care facility 18 yrs in business with yelp reviews, it provides a unique opportunity for investors, operators, or buyers looking for a versatile asset with multiple potential uses. The business and property are being offered at an exceptional price, creating an attractive value proposition in a premier location. The property may also be delivered vacant, allowing even more options for repositioning, expansion, or future use. In excellent condition and already generating strong revenue, this is a rare opportunity to acquire a property with size, location, income potential, and lasting upside. 1031 exchange buyers are welcome.

Listing agent:

Jason Kim

License #02129083

Coldwell Banker Realty

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238 Westmoreland is a Residential Single Family Residence property located in Los Angeles, California, featuring a 0.224 acre lot, 4,416 sqft, 8 bedrooms, 5 full baths, MLS #PW26084088.

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Data last modified: 2026-04-22 13:16:30

238 Westmoreland

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