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Property Detail

5062 W Washington Blvd, Los Angeles, CA 90016, USA
In a prime Mid-City location.
$2,200,000

Description

EXECUTIVE SUMMARY

An 8,449 sf development or investment opportunity located on W Washington Blvd just west of La Brea Blvd in a prime Mid-City location. Development lot is in a Tier 1 TOC and presents an investor the opportunity to build up to 33units utilizing the TOC benefits. Alley access from S Redondo Blvd and S Orange Dr providing extra buildable square footage and options for parking ingress and egress. The property currently zoned C2-1VL-CPIO and consists of a 11 unit hotel. Mid-Wilshire is a prime Central LA location known for the Los Angeles County Museum of Art, the Petersen Automotive Museum, and the Miracle Mile Within Opportunity Zone & Cannabis Zone.
 

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Guest Room11$125.00

 

PROPERTY TAXES

 

Geo Kim

+1 310-779-8213

Jessica Shin

+1 310-866-9978

Specification

General

  • 2820
  • 0.1900
  • Investment
  • LAC2 (The property currently zoned C2-1VL-CPIO Within Opportunity Zone & Cannabis Zone.)
  • 1946
  • 11

Hospitality

Melody Motel

# 123

SKU: 123

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