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Executive Summary
5062 W Washington Blvd is ideally located in the heart of West Adams, one of Los Angeles’ most dynamic and rapidly evolving commercial and creative neighborhoods.
The property benefits from its location within a corridor experiencing continued investment, redevelopment, and growing demand from a diverse mix of businesses and operators.
Offering strong frontage and visibility along Washington Boulevard, the site provides excellent street presence and meaningful branding exposure within a heavily traveled commercial corridor.
Its central infill location also allows for convenient connectivity to Culver City, surrounding Westside-adjacent neighborhoods, nearby Metro access, and several of Los Angeles’ major freeway routes.
With strong neighborhood momentum and increasing market interest throughout the surrounding area, the property represents a compelling opportunity in one of the city’s most sought-after emerging corridors.
The property benefits from its location within a corridor experiencing continued investment, redevelopment, and growing demand from a diverse mix of businesses and operators.
Offering strong frontage and visibility along Washington Boulevard, the site provides excellent street presence and meaningful branding exposure within a heavily traveled commercial corridor.
Its central infill location also allows for convenient connectivity to Culver City, surrounding Westside-adjacent neighborhoods, nearby Metro access, and several of Los Angeles’ major freeway routes.
With strong neighborhood momentum and increasing market interest throughout the surrounding area, the property represents a compelling opportunity in one of the city’s most sought-after emerging corridors.
Property Facts
| Price | $1,650,000 | Building Size | 2,820 SF |
| Price Per Room | $150,000 | No. Rooms | 11 |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1946 |
| Property Type | Hospitality | Parking Ratio | 3.54/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.19 AC | ||
| Zoning | LAC2 - The property currently zoned C2-1VL-CPIO Within Opportunity Zone TOC Tier 1 | ||
| Price | $1,650,000 |
| Price Per Room | $150,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,820 SF |
| No. Rooms | 11 |
| No. Stories | 1 |
| Year Built | 1946 |
| Parking Ratio | 3.54/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | LAC2 - The property currently zoned C2-1VL-CPIO Within Opportunity Zone TOC Tier 1 |
Amenities
- Wheelchair Accessible
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 11 | $125.00 | - |
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5062-006-034 | Improvements Assessment | $302,444 |
| Land Assessment | $1,697,932 | Total Assessment | $2,000,376 |
Property Taxes
Parcel Number
5062-006-034
Land Assessment
$1,697,932
Improvements Assessment
$302,444
Total Assessment
$2,000,376
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Videos
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Photos
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Map
Presented by
Melody Motel | 5062 W Washington Blvd
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