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$1,599,000
1 Day On Site

5062 W Washington Boulevard
Los Angeles, CA 90016

For Sale|Residential Income|Active
0
Beds
11
Total Baths
County:
Los Angeles
Listed by Erica Sook Jung of Dream Realty & Investments Inc [email protected]

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5062 W Washington Boulevard5062 W Washington Boulevard5062 W Washington Boulevard5062 W Washington Boulevard
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Exceptional value-add and redevelopment opportunity in the heart of Mid-City Los Angeles. Situated on an approximately 8,452 SF LAC2-zoned lot, this property is currently improved with a vacant 11-room motel and offers a wide range of future possibilities. Located within an Opportunity Zone and TOC Tier 1, the site may offer attractive redevelopment potential, subject to buyer's independent investigation and verification with the City of Los Angeles. The property features convenient alley access, providing flexibility for site planning, parking, and future improvements. Ideally positioned near Culver City, Miracle Mile, Mid-Wilshire, Downtown Los Angeles, Metro transit, major freeways, shopping, dining, and employment centers. This centrally located property presents an excellent opportunity for investors, developers, owner-users, or those seeking a long-term investment in one of Los Angeles' most dynamic growth corridors.

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Listing Snapshot
Price 
$1,599,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
11
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.194 Acres
Year Built 
N/A
MLS® Number 
26867059
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
17 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.194
Levels 
One
Number Of Stories 
1
Parking 
Driveway
Parking Spaces 
11
Special Circumstances 
Standard
Zoning 
LAC2
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Exterior Features
View 
City Lights
Waterview 
City Lights
Community Features
MLS Area 
C16 - Mid Los Angeles


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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