5110 W Washington Boulevard, Los Angeles, Los Angeles, CA, ResidentialIncome, 34, 34

$ 3,895,000
5110 W Washington Boulevard,


  • Updated On:
  • November 6, 2023
  • 34 Bedrooms
  • 34 Bathrooms
  • 10,885.00 ft2

Property Description

$530,000 Price Reduction! 100% Vacant! Priced at $164/sf on the land, $358/sf on the building! Renovate the existing ~34 units or build 140+ units! We are pleased to present an Opportunity Zone project consisting of three (3) adjacent parcels, totaling 23,756sf of Commercial land, with existing improvements consisting of ~34 units with 10,885sf of building. Currently 100% vacant, the property had been previously zoned for a board and care home. As a development site, by utilizing 100% affordable housing incentives, there is potential for a 140+ unit multi-family development to be allowed on the property. As a value-add play, an investor may have the ability to convert the existing ~34 units into apartments or continue the use as a board and care facility. As an apartment building, there may be potential to add numerous ADU’s in the existing garages or large common kitchen area. With its close proximity to West Adams and Culver City, the property is well positioned for any type of investor to take advantage of continued appreciation for years to come. Buyer shall complete their own due diligence to determine what the current legal use allowed is for the property.

Address: 5110 W Washington Boulevard
Zip: 90016
Country: United States
Open In Google Maps
$ 19,970.44
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 15,101.69
Thu 07 Dec
Fri 08 Dec
Sat 09 Dec
Sun 10 Dec
Mon 11 Dec
Tue 12 Dec
Wed 13 Dec
Thu 14 Dec
Fri 15 Dec
Sat 16 Dec
In Person
Video Chat
Your information

Property Reviews

You need to login in order to post a review

Similar Listings

$ 3,495,000

1406 E Pleasant Avenue, Los Angeles, Los Ang...

One of the coolest properties to hit the market in 2023! Looking for something unique, cre ...
Lot Size
0.80 ft2
$ 2,595,000

6400 Dix Street, Los Angeles, Los Angeles, C...

The 6,916 sf two-story building sits on a 7,221 sf lot and is comprised of (2) two bedroom ...
Lot Size
0.16 ft2
$ 1,089,500

4031 Sequoia Street, Los Angeles, Los Angele...

Wonderful investment opportunity in Atwater Village! Add this property to your portfolio o ...
Lot Size
0.17 ft2
$ 1,529,000

3316 Atwater Avenue, Los Angeles, Los Angele...

This will be the smartest thing you can do this year. In the heart of Atwater Village stan ...
Lot Size
0.16 ft2

Compare Listings

David Clark