$ 1,895,000
-
$1,895,000
Price -
4
Bed -
14
Bath -
3,526
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing X82410 - C128038,MRM-SBCOOKVIN
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.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 14 Full
- Appliances:
- Air Cond:
- Heating: Wall
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: 2-4 Lots
- Garage Capacity: N/A
- Parking Spaces: 7
- Zoning: LAC2
- Roof:
- Others:
- Sewer:
- Parking Features: Parking Space
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
5134 W Washington Blvd Los Angeles, CA 90016
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
