300 South Westmoreland Avenue

Los Angeles, CA 90020

$7,900,000
Price
3
Beds
24
Baths
18,800 Sq. Ft.
$420 / Sq. Ft.
18,800
Sq. Ft.
$420
per Sq. Ft.

Description

Prime location! This property located at eh heart of koreatown, the 21-unit multifamily property located at 300 s. Westmoreland blvd, los angeles. Ca 90020 is an investment opportunity in the koreatown neighborhood of los angeles located and easy access to freeway. The building is built in 1994, the property is non-rent controlled. Unit comes with covered parking space and easy access to gated parking garage contains space for 30 cars, for providing tenants a ratio of one or two parking space per...Prime location! This property located at eh heart of koreatown, the 21-unit multifamily property located at 300 s. Westmoreland blvd, los angeles. Ca 90020 is an investment opportunity in the koreatown neighborhood of los angeles located and easy access to freeway. The building is built in 1994, the property is non-rent controlled. Unit comes with covered parking space and easy access to gated parking garage contains space for 30 cars, for providing tenants a ratio of one or two parking space per unit. The property features twenty one well-designed for one bedroom & one bathroom (18 units) and two bedroom & two bathroom (3 units). The laundry machines on each floor. Walking distance to many famous restaurants, supermarkets, pharmacy, shops and school, this property offers excellent potential for long-term income and appreciation.
  1. Listed by Soya Yoon • DRE #02097142 • Brokerage DRE #01096925 • New Star Realty & Investment • 213-718-7733
  2. Listed by Alex Jang • DRE #01433083 • Brokerage DRE #01096925 • New Star Realty & Investment

Property Details for 300 South Westmoreland Avenue

Parking Spaces Total
30
Private Pool
No
Cooling Type
Central
Total Units
21.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
18800
Assessor Parcel Number
5501-021-029
LISTING UPDATED: 10/30/2024 04:49 AM

Property Details for 300 South Westmoreland Avenue

StatusActive
MLS #PW24220099
Days on Market63
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1994
Lot Size0.18 AC / 7,897 SF
CountyLos Angeles County

Building Information for 300 South Westmoreland Avenue

Stories4Residences-Year Built1994Building Size-Lot Size0.18 AC / 7,897 SF

Property Information for 300 South Westmoreland Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 722
  • Tax Census Tract: 2111.24
  • Tax Lot: 48
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Individual Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 21-25 Units/Acre
  • Number Of Units: 21
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned, Gated
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned, Gated
Unit Information
Unit 1
  • Unit Type Units Total: 18
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 22
  • Number Of Separate Water Meters: 2
  • Number With Dishwasher: 21
  • Number With Range: 21
  • Number With Disposal: 21

Property History for 300 South Westmoreland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 300 South Westmoreland Avenue

Taxable ValueLand$2,356,567Additions$3,979,800Total$6,336,367
Tax Record2024$78,405 ($6,534 / month)
Home Facts
Total Finished SqFt18,800 SqFtAbove Grade Finished SqFt18,800 SqFtLot Size7,959 SqFtStyleMulti-Family Res (5+ Units)Year Built1994ZoningLAR4CountyLOS ANGELESAPN5501-021-029

Schools near 300 South Westmoreland Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Virgil Middle School
Public6 to 8

Academic Leadership Community School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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300 South Westmoreland Avenue is a mixed use property for sale in Los Angeles, CA 90020. This property was listed for sale on October 28, 2024 by New Star Realty & Investment, it's currently listed at $7,900,000. It has been on the market for a total of 63 days and was last sold on May 26, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Dr. Sammy Lee Medical And Health Science Magnet Elementary, Virgil Middle School and Contreras Learning Center-School Of Social Justice. 300 South Westmoreland Avenue is a 3-bed, 24-bath, 18,800 sqft mixed use property built in 1994.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Star Realty & Investment, Soya Yoon, DRE #02097142; New Star Realty & Investment, Alex Jang, DRE #01433083

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.