$1,895,000
 $10,173 est/mo Sourced by Back At You

5134 W Washington Boulevard,Los Angeles, CA 90016

Los Angeles, CA 90016

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Description

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.

Details

MLS #26852329
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1945
Days On Site123
Listing Provided ByKidder Mathews of California, Inc. | Casey Lins

Features

Bed(s)4
Bath(s)14
SQ Feet3,526
Story(s)1
Units14
Building(s)2
ZoningLAC2
Acreage0.19

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo

Parking

Parking FeaturesOne Space

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90016
AreaC16 Mid Los Angeles
Listing VS Median (in 90016)
Price:
$1,895,000
low | high
Med:
$949,500
99.894459102902% of Average
sqft:
3,526
low | high
Med:
1,051
100% of Average
$ / sqft:
$537
low | high
Med:
$951
26.940752430975% of Average
On site:
123
low | high
Med:
92.5
100% of Average
Sourced by Back At You

Market Activity 90016

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90016
AreaC16 Mid Los Angeles
Listing VS Median (in 90016)
Price:
$1,895,000
low | high
Med:
$949,500
99.894459102902% of Average
sqft:
3,526
low | high
Med:
1,051
100% of Average
$ / sqft:
$537
low | high
Med:
$951
26.940752430975% of Average
On site:
123
low | high
Med:
92.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.421M - $2.368M
sqft: 2,500 - 4,000
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Listing Updated: September 29, 2026 at 1:56:29 AM PDT