119 S Westmoreland Ave Los Angeles, CA 90004
Koreatown NeighborhoodEstimated Value: $1,266,000 - $1,440,000
8
Beds
6
Baths
3,858
Sq Ft
$353/Sq Ft
Est. Value
About This Home
As of April 2024** Each 4 plex is $1,425,000 - combined price for the 8 units is $2,850,000 ** This is part of a two building portfolio totaling 8 units to be sold together ** ( 2) Four plex's** Sold with 115 Westmoreland** Beautiful Los Angeles Art Deco Apartment building spanning two lots. Gated with ample parking and a generous inviting courtyard.The property is very well maintained and consists of two 4 units buildings. All units have large 2 bedrooms and one car parking in the rear. 4 of the 8 units have undergone condo quality renovations with new flooring , floor to ceiling tiling , new windows, modern kitchens and baths, stone counters , stainless steel appliances , dual vanities ,recessed lighting , new moldings and doors, as well as spilt AC systems. The area is extremely central and close to the Vermont and Beverly Metro station. The rents have significant upside and March 1, 2024 will call for a 4 % increase in rents. The rear parking area has room to add two ADU's for more future income. There is an on -site laundry room and storage bins in the rear. Very Easy to manage.
Last Agent to Sell the Property
Keller Williams Realty Calabasas License #01291486 Listed on: 10/21/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,191
Year Built
- Built in 1938
Lot Details
- 6,496 Sq Ft Lot
Interior Spaces
- 3,858 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Disposal
- Gas And Electric Dryer Hookup
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Parking
- 4 Parking Spaces
- Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5501-015-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2023
Closed on
May 17, 2024
Sold by
Rabanipour Moris and Hakham Sanaz
Bought by
26 And Me Properties Llc
Seller's Agent
Alex Galuz
Keller Williams Realty Calabasas
Buyer's Agent
James Ward
Forward Real Estate
List Price
$1,487,500
Sold Price
$1,350,000
Premium/Discount to List
-$137,500
-9.24%
Total Days on Market
135
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,119
Avg. Annual Appreciation
0.79%
Purchase Details
Listed on
Oct 21, 2023
Closed on
Mar 12, 2024
Sold by
Palmira Investments Llc and Larc Enterprises Llc
Bought by
Rabanipour Moris and Hakham Sanaz
Seller's Agent
Alex Galuz
Keller Williams Realty Calabasas
Buyer's Agent
James Ward
Forward Real Estate
List Price
$1,487,500
Sold Price
$1,350,000
Premium/Discount to List
-$137,500
-9.24%
Views
50
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
6.94%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 8, 2015
Closed on
Sep 16, 2015
Sold by
Tolkin Stephen
Bought by
Palmira Investment Llc
Seller's Agent
Joe Connolly
eXp Realty of California Inc
Buyer's Agent
Christian Hothem
Keller Williams Realty Calabasas
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Purchase Details
Closed on
Jul 23, 2007
Sold by
Tolkin Stephen and Tolkin Garen
Bought by
Tolkin Stephen
Purchase Details
Closed on
Feb 10, 2004
Sold by
Cueva Fabiola
Bought by
Tolkin Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 11, 2003
Sold by
By 2000 Inc
Bought by
Cueva Fabiola
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Interest Rate
7.45%
Purchase Details
Closed on
Dec 20, 2002
Sold by
Lee Gheel Han
Bought by
By 2000 Inc
Purchase Details
Closed on
Jul 30, 2002
Sold by
By 2000 Inc
Bought by
Lee Gheel Han
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.87%
Purchase Details
Closed on
Apr 29, 2002
Sold by
Yip Phil and Yip Douglas
Bought by
By 2000 Inc
Purchase Details
Closed on
Apr 2, 2002
Sold by
Cai Xiaolin
Bought by
Yip Phil
Purchase Details
Closed on
Dec 5, 1994
Sold by
Yip Phil and Ng Yee Hung
Bought by
Yip Phil
Purchase Details
Closed on
Sep 19, 1994
Sold by
Ng Victor G T
Bought by
Ng Yee Hung
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 26 And Me Properties Llc | -- | None Listed On Document | |
| Rabanipour Moris | $1,350,000 | Orange Coast Title | |
| Palmira Investment Llc | $850,000 | Fidelity Sherman Oaks | |
| Tolkin Stephen | -- | None Available | |
| Tolkin Stephen | $649,000 | Ticor Title Co Glendale | |
| Cueva Fabiola | $499,000 | Gateway Title Company | |
| By 2000 Inc | -- | Gateway Title Company | |
| Lee Gheel Han | $400,000 | Chicago Title | |
| By 2000 Inc | $520,000 | Chicago Title Co | |
| Yip Phil | -- | Chicago Title Co | |
| Yip Phil | -- | -- | |
| Ng Yee Hung | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rabanipour Moris | $1,012,500 | |
| Previous Owner | Tolkin Stephen | $321,000 | |
| Previous Owner | Tolkin Stephen | $424,000 | |
| Previous Owner | Cueva Fabiola | $418,500 | |
| Previous Owner | Lee Gheel Han | $360,000 | |
| Previous Owner | By 2000 Inc | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2024 04/10/24 | Sold | $1,350,000 | -3.5% | $350 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 02/19/2024 02/19/24 | Price Changed | $1,399,000 | -1.8% | $363 / Sq Ft |
| 01/17/2024 01/17/24 | Price Changed | $1,425,000 | -4.2% | $369 / Sq Ft |
| 10/21/2023 10/21/23 | For Sale | $1,487,500 | +75.0% | $386 / Sq Ft |
| 10/14/2015 10/14/15 | Sold | $850,000 | -2.9% | $220 / Sq Ft |
| 08/11/2015 08/11/15 | Pending | -- | -- | -- |
| 08/08/2015 08/08/15 | For Sale | $875,000 | -- | $227 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $12,191 | $964,574 | $696,348 | $268,226 |
| 2023 | $11,965 | $945,662 | $682,695 | $262,967 |
| 2022 | $11,425 | $927,120 | $669,309 | $257,811 |
| 2021 | $11,269 | $908,942 | $656,186 | $252,756 |
| 2019 | $11,175 | $902,026 | $636,724 | $265,302 |
| 2018 | $11,025 | $884,340 | $624,240 | $260,100 |
| 2016 | $10,521 | $850,000 | $600,000 | $250,000 |
| 2015 | $9,543 | $767,764 | $473,199 | $294,565 |
| 2014 | $9,596 | $752,725 | $463,930 | $288,795 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Galuz
Seller's Agent in 2024
Alex Galuz
Keller Williams Realty Calabasas
5 in this area
37 Total Sales
-
James Ward
Buyer's Agent in 2024
James Ward
Forward Real Estate
(877) 464-5404
2 in this area
15 Total Sales
-
Seller's Agent in 2015
Joe Connolly
eXp Realty of California Inc
(323) 481-6299
-
C
Buyer's Agent in 2015
Christian Hothem
Keller Williams Realty Calabasas
(415) 740-6889
Map
Source: The MLS
MLS Number: 23-324133
APN: 5501-015-009
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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