$4,350,000
124 N Westmoreland Avenue, Los Angeles CA 90004
Multi-Family (30 Units)
Property type
112 days
On market
$245
Price per sqft
N/A
Garage
1927
Year built
8,407 sqft
Lot size
Open Houses
Overview
124 N Westmoreland Ave | 30-Unit Rent-Controlled Multifamily Portfolio Offering in Koreatown / East Hollywood. Built in 1927, this well-located urban infill asset is comprised entirely of (30) studio units, a product type that continues to perform well in high-density, transit-oriented submarkets due to affordability, leasing velocity, and operational efficiency. The property...
Listing provided by: Taylor Avakian DRE #02060040 916-996-4421, Lyon Stahl Investment Real Estate, Inc.
Listing updated: Feb 13, 2026 at 05:26pm.
Last checked: Jun 5, 2026 at 03:30am
Source: CRMLS #26648425
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 30 | 0 | 1 | — | $1,481 | $44,424 | $59,850 | Unfurnished |
# of Buildings: 1
# of Units Total: 30
Financial Snapshot
Gross Rent Multiplier
8.6x
List Price / Annual Gross Rent
Cap Rate
7.29%
NOI / List Price
Net Operating Income: $317,741
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 #: 5501007016
Zoning: LAM1
Lot Size Dimensions: 60x140
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 124 N Westmoreland Avenue, Los Angeles, CA 90004. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,480,000
Total Interest
$4,438,548
Total Payment
$7,918,548
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$26,677
per month
Property History for 124 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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