5062 W Washington Boulevard Los Angeles, CA 90016

Listing agency Dream Realty & Investments Inc Show Phone

Listed by Erica Sook Jung · License #01891150 Show Phone

Source Exitrealty

Added: Feb 18 Updated: Jul 21 at 2:58PM Checked: Jul 22 at 10:19AM

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Investment Insights

Based on property information with market context.

This property was previously operated as a motel with 11 rooms and is currently not in operation. The site presents a redevelopment opportunity supported by an approved plan for 100% affordable units. The approval indicates approximately 76 units, with a projected building size of 38,906 square feet.

The asset is located at 5062 W Washington Boulevard in Los Angeles, California. The current use is non-operational, and the property is being marketed specifically for redevelopment.

Key Highlights

• Former motel with 11 rooms, currently not in operation
• Positioned for redevelopment into approximately 76 affordable units
• Projected building size is approximately 38,906 SF

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FAQs

What type of property is this?

Motel - Former motel with 11 rooms currently not in operation, positioned for redevelopment into approximately 76 affordable units.

Where is this motel located?

The property is located at 5062 W Washington Boulevard Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,650,000.

What are key features of this property?

This property features: Former motel with 11 rooms, currently not in operation; Positioned for redevelopment into approximately 76 affordable units; Projected building size is approximately 38,906 SF