Don't miss this opportunity! Located in the prime R4 zone in the heart of Los Angeles, this four-unit income-generating property is ideal for rental or development. Situated at 1315 Westmoreland Ave., this property offers exceptional versatility and long-term investment value. With easy access to the Pico and Westmoreland commercial districts, ample parking, and a separate, stand-alone building, this property offers tremendous potential. This is a prime investment opportunity, offering stable and high rental income.
Property details
Bedrooms
8
Bathrooms
4
Square feet
4,532
Year built
1912
Property type
Residential Income
Lot size
7,239 sqft
Location
1315 S Westmoreland Avenue • Los Angeles, CA 90006
2261 W 15th Street: Sold $705,000 · 2 bd · 1 ba · 1,158 sqft · Jul 2026 · 0.1 mi Estate Properties | DRE #00851703 Buyer's agent: Efrain Figueroa, Keller Williams R. E. Services | DRE #01384334
1520 S New Hampshire Avenue: Sold $780,000 · 2 bd · 1 ba · 1,038 sqft · May 2026 · 0.2 mi New Star Realty | DRE #02008733 Buyer's agent: Amber Seo Campos, New Star Realty | DRE #02008733
1250 Magnolia Avenue: Sold $1,420,000 · 18 bd · 9 ba · 5,804 sqft · Jul 2026 · 0.2 mi The Hills Premier Realty | DRE #01989091 Buyer's agent: Cory Green, The Hills Premier Realty | DRE #01989091
1333 Arapahoe Street: Sold $990,000 · 5 bd · 3 ba · 2,626 sqft · Aug 2026 · 0.2 mi Christie's International Real Estate SoCal | DRE #02096594 Buyer's agent: Adrian Gonzalez, Century 21 Allstars | DRE #01935998
1542 W 17th Street: Sold $530,000 · 3 bd · 1 ba · 1,100 sqft · Jun 2026 · 0.3 mi Ice Realty Group | DRE #01889476 Buyer's agent: OUT OF AREA, OUT OF AREA | DRE #0
1049 Elden Avenue: Sold $1,800,000 · 6 bd · 4 ba · 5,127 sqft · Jun 2026 · 0.3 mi Keller Williams Realty Los Feliz | DRE #01715002 Buyer's agent: Margi Simpkins, Coldwell Banker Residential | DRE #01244656
1311 Dewey Avenue: Sold $875,000 · Jan 2026 · 0.4 mi Luxury Collective | DRE #02030445 Buyer's agent: Jose Navarro-Jimenez, Luxury Collective | DRE #02030445
1133 S Hoover Street 314: Sold $690,000 · 3 bd · 3 ba · 1,690 sqft · Jun 2026 · 0.4 mi Real Brokerage Technologies | DRE #02102508 Buyer's agent: Ko Eun Hwang, Urban Realty & Management | DRE #01718399