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Millman Team Real Estate

$1,599,000
11 Bath
0.19 Acre Lot

5062 W Washington Boulevard, Los Angeles, California 90016

  • Residential Income Property Type
  • Driveway Cars Garage
Property Description

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.

Basic Details
Residential Income
For Sale
26867059
$1,599,000
City Lights
11
0.19 Acre
Active
Features
: None
: None
: Driveway
$0
Address Map
CA
Los Angeles
Los Angeles
90016
Washington
5062
Boulevard
W119° 38' 59''
N34° 2' 26''
West of La Brea Ave and South of Washington Blvd
C16 - Mid Los Angeles
W
LAC2
Additional Information
$0
$0
$0
$0
$0
: One
65x130
11
2026-07-31
1
1
Broker/Agent Information
Dream Realty & Investments Inc
Erica Sook Jung
Listing Information
CLW-C102036
CLW-X80730
Active
2026-08-02T03:18:46Z
CRMLS
: Standard
2026-07-31T00:00:00Z
Agent info
Ray Millman
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