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For sale
  • $1,599,000

    5062 W Washington Blvd, Los Angeles, CA 90016

    --beds
    11baths
    --sqft
    : 
    $10,699/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $1,558,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    7 days
    |
    86
    |
    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Erica Sook Jung DRE # 01891150 213-221-9318,

    Dream Realty & Investments Inc 213-380-8949

    Source: CLAW,MLS#: 26867059MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 11
      Heating
      • None
      Cooling
      • None

      Property

      Parking
      • Total spaces: 11
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: City
      Lot
      • Size: 8,450 Square Feet
      • Dimensions: 65 x 130
      Details
      • Additional structures: None
      • Parcel number: 5062006034
      • Zoning: LAC2
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Date on market: 8/2/2026

        Estimated market value

        $1,558,100

        $1.48M - $1.64M

        $3,547/mo

        Price history

        DateEventPrice
        8/2/2026Listed for sale$1,599,000-3.1%
        Source: CLAW #26867059 Report a problem
        8/1/2026Listing removed$1,650,000
        Source: CLAW #26650911 Report a problem
        2/11/2026Listed for sale$1,650,000-31.3%
        Source: CLAW #26650911 Report a problem
        3/1/2025Listing removed$2,400,000
        Source: CLAW #24-466309 Report a problem
        11/22/2024Listed for sale$2,400,000+23.1%
        Source: CLAW #24-466309 Report a problem
        10/26/2021Listing removed--
        Source: CLAW Report a problem
        8/18/2021Listed for sale$1,950,000
        Source: CLAW #21758572 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mid City

        Getting around

        82 / 100
        Very Walkable
        53 / 100
        Good Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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