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For SaleLuxury

$1,600,000

8,451 sqft$189/sqft20 days on market

5062 W Washington Boulevard

Los Angeles, CA 90016

· 8% down, 7% APR, 30yr fixed

—

Beds

11

Baths

8,451

Square feet

—

Built

Listing narrative

Description

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!

Listing agent (MLS): Erica Sook Jung · Listing brokerage (MLS): Dream Realty & Investments Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,600,000

Beds

Beds n/a

Type

House

Home Size

8,451 sqft

Baths

11

Lot Size

0.19 acres

Year

Year n/a

Status

For Sale

Days on Market

20

$ / Sqft

$189

· 8% down, 7% APR, 30yr fixed
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Courtesy of Dream Realty & Investments Inc