5062 West Washington Boulevard Los Angeles, CA ^$ 1,599,000

5062 West Washington Boulevard

^$ 1,599,000

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5062 West Washington Boulevard

Los Angeles, CA, 90016

^$ 1,599,000

Studio Baths0.0

Monthly Estimate*

^$ 10,096

5062 West Washington Boulevard, Los Angeles, CA 90016 - Image 1

5062 West Washington Boulevard, Los Angeles, CA 90016 - Image 2

5062 West Washington Boulevard, Los Angeles, CA 90016 - Image 3

5062 West Washington Boulevard, Los Angeles, CA 90016 - Image 4

5062 West Washington Boulevard, Los Angeles, CA 90016 - Image 5

5062 West Washington Boulevard, Los Angeles, CA 90016 - Image 6

5062 West Washington Boulevard, Los Angeles, CA 90016 - Image 7

Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,599,000. The lot size is 0.19.

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.

Multi-Family Active

Price

^$ 1,599,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.19

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026867059

Features

General

Zoning LAC2

Pool Features None

View City Lights

Levels One

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Senior Community Y/N false

MLS Area C16 - Mid Los Angeles

Lot Size Units Square Feet

Lot Size Square Feet 8452

Standard Status Active

Interior

Total Stories 1

Air Conditioning Y/N false

Heating Y/N false

Total Baths 0

Exterior

Parking Features Driveway

Lot Size Area 8452

Foundation Details None

Lot Dimensions 65x130

Lot Size Acres 0.19

* Excluded Features

List By

Erica Sook Jung

Listing Agent

Dream Realty & Investments Inc

Broker

RealtorEricaJung@Gmail.com

Affordability Calculator

$10,096

Per Month

Monthly Principal & Interest: $10,096
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,844,592

Percent of Sale Price 15%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/2/2026	$1,599,000		Listed Price

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5062 West Washington Boulevard, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $1,599,000 with a lot size of 0.19. 5062 West Washington Boulevard is a studio with 0.0 baths. The property's zip code is 90016 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 8/8/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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5062 West Washington Boulevard

Multi-Family Home for sale in Los Angeles, CA

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