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Listed by: Erica Sook Jung (213) 221-9318 DRE #01891150 | Dream Realty & Investments Inc (213) 380-8949
$1,599,000
Monthly Est:$7,959
1 Bed
11 Baths
--sqft
5062 W Washington Blvd, Los Angeles, CA 90016
$1,599,000
$7,959/moEst:
Get Pre-Approved
Multi Family
Built in -
$-- HOA
8,452 sqft lot
--/sqft
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, m...
Continue Reading- Houzeo last checked: 11 minutes ago
- Listing updated: August 8, 2026 at 7:15 am
- Source: California Regional MLS-CA | MLS#: 26867059
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
8,452 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26867059
MLS Status
Active
Days on Market
48
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathrooms: 11
Interior
Cooling
None
Heating
None
Utilities & Energy
Parking Features
Driveway
Price History
| Date | Event | Price |
|---|---|---|
02/11/2026 Source: | Listed for Sale | $1,650,000 -31.25% $0/sqft |
11/01/2024 Source: | Off Market | $2,400,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 02:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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