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5134 W Washington Boulevard
USD 2,395,000
Property ID: 23322219
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5134 W Washington Boulevard ,90016
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icon 8123 SqFt
icon Built in 1945
icon USD 295/SqFt
icon 14 Beds
icon 14 Full
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Location Street View
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Interior Details
Bedrooms
14
Bathrooms
14
Interior Size
3526
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1945
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Detailed Introduction Of This Home
We are pleased to present a 13-unit motel currently operating as an apartment building located along the trending Washington Blvd corridor. With 3 existing vacancies, there is immediate opportunity for an operator to renovate and add-value while working with the existing tenants (majority of which are transitional housing) that are currently receiving subsidies up to $1,660 per month! The majority of units compose of bachelor style layouts (no kitchen), with 1 one bedroom unit (stand-alone structure), and 1 two bedroom unit (previous motel office). With 3,526sf of building located on 8,123sf of land, 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. For more information please contact the listing broker.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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5134 W Washington Boulevard
USD 2,395,000 14 Beds
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