$ 2,699,999
-
$2,699,999
Price -
8
Bed -
5
Bath -
4,416
SqFt
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About the Listing PW0065 - PWJASKIM
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.
Listing Highlights
Status
Active
Days on Site
32
Property Type
Residential
MLS ®
PW26084088
Year Built
1919
Total Square Footage
4,416
Lot/Acreage
0.22
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances: Built-In Range, ENERGY STAR Qualified Appliances, Gas Oven, Refrigerator, Washer
- Air Cond: Central Air,Wall/Window Unit(s)
- Heating: Central
- Fireplaces:
- Floor: Vinyl,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other: High Ceilings,Multiple Staircases,Two Story Ceilings,All Bedrooms Up,All Bedrooms Down,Primary Suite
- Water: Public
Exterior Details
- Lot Description: 6-10 Units/Acre,Back Yard,Corner Lot,Sprinkler System,Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 9
- Roof: Asphalt
- Others: Lighting,Repairs Cosmetic,Brick,Drywall,Glass,Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway Up Slope From Street,One Space
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5501020010
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
238 S Westmoreland Los Angeles, CA 90004
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