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$1,599,000

5062 W Washington Boulevard, Los Angeles CA, 90016

Price per sqftN/A
Property typeOther

Overview

Active

Listed Jul 31, 2026

Updated Aug 9

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.

$10,638/mo

Est. mortgage payment based on a $1,599,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL26867059

Interior Features

Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

View
Yes
MLS provider logo

Listed by Erica Sook Jung, with Dream Realty & Investments Inc
Listing Contact: 213-221-9318 

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