For Sale Multi-Family MLS# 26103378

5062 W Washington Boulevard

Los Angeles, CA 90016

$1,299,000

california-regional-mls-rsd logo

About 5062 W Washington Boulevard

HUGE $300,000 PRICE REDUCTION EXCEPTIONAL INVESTMENT OPPORTUNITY!Unlock the potential of this vacant former 11-room motel in a convenient Los Angeles location! A rare opportunity for investors and developers to transform an existing property into their next project. The property requires renovation, offering the opportunity to customize and reposition the asset to maximize its potential, subject to applicable zoning, permits, and approvals.Ideally located with convenient access to the 10 Freeway, Culver City, Santa Monica, Downtown LA, USC, and Hollywood. Excellent opportunity to invest in a well-connected location with multiple possibilities for future use.NOW REDUCED BY $300,000! Seller is motivated. Bring your vision and make this your next investment opportunity!

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Stories
1
Lot
0.194
Original price
$1,299,000
MLS #
26103378

Exterior & lot

Features
Parking spaces: 11
Construction
1
Lot
LAC2
View
City Lights
Parking
Driveway

Schools

District
Los Angeles Unified School District

Financial

Parcel
5062006034
Special conditions
Standard

Location

Area
C16 - Mid Los Angeles
County
Los Angeles
Neighborhood
Mid City
Directions
West of La Brea Ave and South of Washington Blvd

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Listed by Erica Sook Jung, Dream Realty & Investments Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.