5062 W Washington Boulevard
Los Angeles, CA 90016
Listing broker / agent: Dream Realty & Investments Inc · Erica Sook Jung · CRMLS
MLS # 26103378 · Last checked Oct 21, 2026 04:57 UTC
About this property
HUGE $300,000 PRICE REDUCTION EXCEPTIONAL INVESTMENT OPPORTUNITY!Unlock the potential of this vacant former 11-room motel in a convenient Los Angeles location! A rare opportunity for investors and developers to transform an existing property into their next project. The property requires renovation, offering the opportunity to customize and reposition the asset to maximize its potential, subject to applicable zoning, permits, and approvals.Ideally located with convenient access to the 10 Freeway, Culver City, Santa Monica, Downtown LA, USC, and Hollywood. Excellent opportunity to invest in a well-connected location with multiple possibilities for future use.NOW REDUCED BY $300,000! Seller is motivated. Bring your vision and make this your next investment opportunity!
Property details
- MLS number
- 26103378
- Status
- Active
- Type
- Residential Income
- Beds / baths
- 11 Baths
- Lot size
- 0.194 acres
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 1
Building
- Stories
- 1
- Building stories
- 1
- Levels
- One
Bathrooms
- Full bathrooms
- 0
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Heating
- None
- Cooling
- None
Exterior & parking
- Total parking spaces
- 11
- Parking
- Driveway
- Lot size source
- Assessor
- Property outlook
- City Lights
Fees & lease terms
- Association
- No
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| New Los Angeles Charter (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 6–8 | 0.4 mi |
| Saturn Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.5 mi |
| Stella Elementary Charter Academy (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–4 | 0.6 mi |
| Cienega Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.6 mi |
| Alta Loma Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.7 mi |
| Marvin Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.9 mi |
| Virginia Road Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 1.0 mi |
| Wilshire Crest Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 1.2 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,299,000
- MLS-reported original asking price
- $1,299,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 21, 2026 04:53 | $1,299,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
558 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-21 06:05 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗