152 S Westmoreland Avenue, Los Angeles, California 90004, Los Angeles, 90004 - bed, bath
ACTIVE$2,200,000
152 S Westmoreland Avenue, Los Angeles, California 90004
0Bed
0Bath
4,836Sqft
7,906Lot
Year Built
1926
Close
-
List price
$2.2M
Original List price
$2M
Price/Sqft
$455
HOA
-
Days on market
-
Sold On
-
MLS number
DW25001824
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $2.20M(67th), sqft - 4836(67th), beds - undefined(50th), baths - undefined(50th).
Beutiful Attractive 4 Plex in the heart of Los Angeles Located in a fast expanding high-demand area with alot of growth potential.The property consist of 8 spacious Bedrooms (1209 Sq Ft Each) and 4 baths.The Lot Size is 7904 Sq Ft. that includes a large parking area in the back for the residents and their guests.The property offer alot of potential. This is a rarely found investment opportunity in today's market. Next to schools, shopping and freeways. Please do NOT disturb the occupants !!!
Price History
Date
Event
Price
08/01/25
$2,200,000
01/03/25
$1,999,999
Condition Rating
Poor
This property was built in 1926, making it nearly a century old. The complete absence of interior images, particularly of kitchens and bathrooms, strongly suggests that these areas are significantly outdated and likely require substantial renovation. The property analysis explicitly notes 'Advanced Age of Construction' and the potential for 'deferred maintenance, outdated systems, and significant capital expenditures for upgrades or repairs.' While the exterior appears structurally sound, the age combined with the lack of interior visibility and the noted weaknesses indicates that major systems (electrical, plumbing, HVAC) and interior finishes are likely in need of extensive repairs and rehabilitation to meet modern standards and comfort.
Pros & Cons
Pros
Exceptional Location & Growth: Situated in the heart of Los Angeles, specifically the high-demand Mid-Wilshire area, offering significant growth potential and excellent proximity to schools, shopping, and freeways.
Strong Income-Generating Asset: A well-configured quadruplex (4-plex) designed for residential income, providing immediate cash flow and a robust investment vehicle.
Generous Unit Sizes: Each of the four units boasts a spacious 1209 sq ft, a desirable feature for tenants in the competitive Los Angeles rental market.
Valuable On-Site Parking: Includes a large parking area for residents and guests, a highly sought-after amenity in dense urban environments like Los Angeles.
High Investment Potential: Explicitly identified as a 'rarely found investment opportunity' in a fast-expanding market, underscored by its income-producing nature and prime location.
Cons
Advanced Age of Construction: Built in 1926, the property is nearly a century old, suggesting potential for deferred maintenance, outdated systems, and significant capital expenditures for upgrades or repairs.
Occupancy Restrictions for Showings: The directive 'Please do NOT disturb the occupants' indicates occupied units, which can complicate property viewings and due diligence for prospective buyers.
Recent Price Escalation: The listing price has recently increased from approximately $2M to $2.2M, potentially signaling a higher entry cost for investors or a seller testing market limits, which could impact buyer perception of value.