Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

11

Lot size

8,452 sqft

Stories

1

Heating

None

Cooling

None

View

City Lights

Status

Active

Days on market

0

MLS #

248772366

About this property

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!

Location

5062 W Washington Boulevard

Los Angeles, Los Angeles, CA, 90016