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5062 W Washington Boulevard, Los Angeles, CA 90016

Los Angeles
Local realty services provided by:CENTURY 21 Cornerstone
5062 W Washington Boulevard,Los Angeles, CA 90016
$1,599,000
  • - Beds
  • 11 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: erica sook jung
Office: dream realty & investments inc213-380-8949
MLS#:26867059
Source:CRMLS

Price summary

  • Price:$1,599,000

About this home

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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Home facts

  • Listing ID #:26867059
  • Added:45 day(s) ago
  • Updated:September 16, 2026 at 10:58 AM

Rooms and interior

  • Total bathrooms:11

Structure and exterior

  • Lot area:0.19 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,599,000

Parking

  • Total parking spaces:11
  • Parking description:Driveway
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