Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
8 Beds
5 Baths
4,416 sqft

$2,699,999

238 S Westmoreland, Los Angeles CA, 90004

Price per sqft$611.41
Built in1919
Property size4,416 sqft
Property typeResidential
Listed by Jason Kim CA DRE# 02129083 with Coldwell Banker Realty 213-705-1919

Overview

Active

Listed Apr 20, 2026

Updated Aug 25

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.

$17,963/mo

Est. mortgage payment based on a $2,699,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26084088

Interior Features

Bedrooms
8
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.22 Acres

Other Property Details

View
Yes
55+/Senior Community
No

Also listed on MLSLISTINGS

MLS provider logo

Listed by Jason Kim CA DRE# 02129083 with Coldwell Banker Realty 213-705-1919

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/25/2026 at 1:55 AM UTC Last Checked: 1:55 AM UTC

 

 

Powered by Luxury Presence