$3,750,000
118 N Westmoreland Avenue, Los Angeles CA 90004
Multi-Family (24 Units)
Property type
112 days
On market
$200
Price per sqft
N/A
Garage
1926
Year built
8,406 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Taylor Avakian DRE #02060040 916-996-4421, Lyon Stahl Investment Real Estate, Inc.
Listing updated: Feb 17, 2026 at 08:17am.
Last checked: Jun 5, 2026 at 03:30am
Source: CRMLS #26648423
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 12 | 0 | 1 | — | $782 | $16,532 | $23,940 | Unfurnished |
| 12 | 1 | 1 | — | $782 | $22,064 | $27,396 | Unfurnished |
# of Buildings: 1
# of Units Total: 24
Financial Snapshot
Gross Rent Multiplier
8.5x
List Price / Annual Gross Rent
Cap Rate
7.68%
NOI / List Price
Net Operating Income: $287,997
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Microwave
Exterior
Stories Total: 0
Levels: Multi Split
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5501007017
Zoning: LAM1
Lot Size Dimensions: 60x140
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 118 N Westmoreland Avenue, Los Angeles, CA 90004. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,000,000
Total Interest
$3,826,335
Total Payment
$6,826,335
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$23,018
per month
Property History for 118 N Westmoreland Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90004.
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