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11 Baths

$1,599,000

5062 W Washington Boulevard, Los Angeles CA, 90016

Price per sqftN/A
Property typeResidential
Listed by Erica Sook Jung CA DRE# 01891150 with Dream Realty & Investments Inc 213-221-9318

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
26867059

Interior Features

Bathrooms
11
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

View
Yes
55+/Senior Community
No
MLS provider logo

Listed by Erica Sook Jung CA DRE# 01891150 with Dream Realty & Investments Inc 213-221-9318

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/9/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/9/2026 at 3:31 PM UTC Last Checked: 3:31 PM UTC

 

 

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