Share this with your friends
+16263946606
iQsold inc
5134 W Washington Blvd, Los Angeles, CA 90016
- $1,895,000
- 4
- BD
- 14
- BA
- 3,526
- SqFt
- List Price
- $1,895,000
- Price Change
- ▼ $100,000 1784678529
- MLS#
- 26852329
- Year Built
- 1945
- Bedrooms
- 4
- Bathrooms
- 14
- Living Sq. Ft
- 3,526
- Lot Size
- 8,123
- Days on Market
- 106
- Property Type
- Multifamily
- Stories
- 1
Property Description
We are pleased to present a 14-unit motel currently operating as an apartment building located along the trending Washington Blvd corridor. With 4 existing vacancies, there is immediate opportunity for an operator to renovate and add-value while working with the existing tenants, that are currently receiving subsidies, as well as several other units that can be potentially delivered vacant. The majority of units compose of bachelor style layouts, with 1 one-bedroom unit (stand-alone structure), and 1 three-bedroom unit (previous motel office). With +/-3,526sf of building located on +/-8,123sf, the property is well positioned for a local operator to continue relationships with the existing subsidy providers, or to return the property back to its original motel use. Located just minutes away from West Adams and Culver City, both investors and tenants are able to take advantage of the ever-improving amenities within the neighborhood, including but not limited to local coffee shops, breweries, restaurants, employment hubs, art galleries, and more! Buyer shall complete their own due diligence to determine the current legal use, tenancies, legal amount of units, and all aspects relating to the property.
Additional Information
- Lot Description
- 2-4 Lots
- Other Buildings
- Other
- Heat
- Wall
- Cooling
- None
- Number of Cars in Garage
- Parking Space
Mortgage Calculator
Courtesy of Kidder Mathews of California, Inc., Casey Lins - CA DRE#01902650
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).