John E Burge

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Listing provided courtesy of Kidder Mathews of California, Inc.- MLS# 26852329MLS Provider

5134 W Washington BlvdLos Angeles, CA 90016

Multi-Family · 4 Beds · 3,526 Sq. ft. | 0.19 Acres
$1,995,000 Active

5134 W Washington Blvd Overview

Time on Site:
4 days
Visits:
1

We are pleased to present a 14-unit motel currently operating as an apartment building located along the trending Washington Blvd corridor. With 4 existing vacancies, there is immediate opportunity for an operator to renovate and add-value while working with the existing tenants, that are currently receiving subsidies, as well as several other units that can be potentially delivered vacant. The majority of units compose of bachelor style layouts, with 1 one-bedroom unit (stand-alone structure), and 1 three-bedroom unit (previous motel office). With +/-3,526sf of building located on +/-8,123sf, 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.

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5134 W Washington Blvd Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,526
  • Price/Sq.ft. $566
  • Lot 0.19 Acres

Details

General

Income/Expenses

  • Gross Income: 251220
  • Net Operating Income: 165195.00

Building Information

  • Year Built: 1945

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Mid Los Angeles

Tax Information

  • Tax Assessed Value: 792500

General Information

  • Disclosures: As Is, Rent Control
  • Inclusions: Both APNs: 5062-006-022 & 5062-006-021
  • Property Type: Residential Income
  • Rent Control: True
  • Zoning: LAC2

Interior

Beds/Baths

  • Bathrooms Total: 14.00
  • Bedrooms Total: 4

General Information

  • Common Walls: Attached
  • Cooling: None
  • Heating: Wall
  • Levels: One
  • Living Area: 3526
  • Living Area Source: Assessor
  • Security Features: Other
  • Stories: 1

Exterior

Parking Information

  • Open Parking Spaces: 7
  • Parking Total: 7

Lot Information

  • Additional Parcels Description: True
  • Lot Features: 2-4 Lots
  • Lot Size Acres: 0.1860
  • Lot Size Area: 8123
  • Lot Size Source: Assessor
  • Number Of Buildings: 2

General Information

  • Number Of Units Total: 14
  • Other Structures: Other

5134 W Washington Blvd Neighborhood

Community

90016 (LOS ANGELES) Demographics

35
Median Age
12,765
Population Density (per sq. mile)
33%
College Educated
$49,958
Estimated Median Income
6,180
Estimated Total Home Owners
11,342
Estimated Total Renters
35% / 65%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5134 W Washington Blvd Monthly Cost

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$ %
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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5134 W Washington Blvd Market Data

Based on the last 30 days in this zip code

$949,295
Average List Price
$715
Average Price per Square Foot
25
Properties Sold
81
Average Days on Market
273
Properties for Sale
Calculations provided by Reliance Network

5134 W Washington Blvd History

Date Event Value Agent
6/25/2026Source: CRMLS Added to Database
June 25, 2026
6/25/2026Source: TheMLS (CLAW) Added to Database
June 25, 2026
8/22/2024Source: CRMLS Status Change
Closed
8/22/2024Source: TheMLS (CLAW) Status Change
Sold
7/18/2024Source: CRMLS Status Change
Pending
7/18/2024Source: TheMLS (CLAW) Status Change
Pending
5/22/2024Source: CRMLS Status Change
Active Under Contract
5/22/2024Source: TheMLS (CLAW) Status Change
Active Under Contract
4/30/2024Source: CRMLS Price Reduction
$1,999,000 -7.0%
4/30/2024Source: TheMLS (CLAW) Price Reduction
$1,999,000 -7.0%
3/14/2024Source: CRMLS Price Reduction
$2,150,000 -4.4%
3/14/2024Source: TheMLS (CLAW) Price Reduction
$2,150,000 -4.4%
2/5/2024Source: CRMLS Price Reduction
$2,250,000 -4.1%
2/5/2024Source: TheMLS (CLAW) Price Reduction
$2,250,000 -4.1%
12/5/2023Source: CRMLS Price Reduction
$2,345,000 -2.1%
12/5/2023Source: TheMLS (CLAW) Price Reduction
$2,345,000 -2.1%
10/16/2023Source: CRMLS Added to Database
October 16, 2023
10/16/2023Source: TheMLS (CLAW) Added to Database
October 16, 2023
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