About 238 S Westmoreland
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.
Features of 238 S Westmoreland
| MLS® # | PW26084088 |
|---|---|
| Price | $2,699,999 |
| Bedrooms | 8 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 4,416 |
| Lot Size | 9,754 |
| Year Built | 1919 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Spanish, Tudor |
| Status | Active |
| # Of Units | 12 |
Community Information
| Address | 238 S Westmoreland |
|---|---|
| Area | C17 - Mid-Wilshire |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90004 |
Amenities
| Utilities | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected |
|---|---|
| Parking Spaces | 9 |
| Parking | Driveway Up Slope From Street, One Space |
| Garages | Driveway Up Slope From Street, One Space |
| View | Neighborhood |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Vinyl, Wood |
|---|---|
| Interior Features | High Ceilings, Multiple Staircases, Two Story Ceilings, All Bedrooms Up, All Bedrooms Down, Primary Suite |
| Appliances | Built-In Range, ENERGY STAR Qualified Appliances, Gas Oven, Refrigerator, Washer |
| Heating | Central |
| Cooling | Central Air, Wall/Window Unit(s) |
| Has Basement | Yes |
| Basement | Finished |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Brick, Drywall, Glass, Stucco |
|---|---|
| Exterior Features | Lighting |
| Lot Description | SixToTenUnitsAcre, Back Yard, Corner Lot, Sprinkler System, Yard |
| Windows | Insulated Windows |
| Roof | Asphalt |
| Construction | Brick, Drywall, Glass, Stucco |
| Foundation | Brick/Mortar |
School Information
| District | Los Angeles Unified |
|---|
Additional Information
| Date Listed | April 18th, 2026 |
|---|---|
| Days on Market | 141 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jason Kim |
|---|---|
| Office | Coldwell Banker Realty |