5062 W Washington BLVD, Los Angeles, CA 90016
5062 W Washington BLVD, Los Angeles, CA 90016
5062 W Washington BLVD, Los Angeles, CA 90016
7
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$1,599,000
Est. payment /mo
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11 Baths
8,450 Sqft Lot
New

5062 W Washington BLVD Los Angeles, CA 90016

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26867059

HOA Y/N No

Lot Size 8,450 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAC2

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Driveway

View Y/N Yes

View City Lights

Total Parking Spaces 11

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5062006034

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Erica Sook Jung Dream Realty & Investments Inc #01891150

NEARBY SCHOOL & BUSINESS

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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