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Executive Summary

Prime Redevelopment Opportunity | Former Motel | C2 Zoning | Opportunity Zone
Exceptional investment and redevelopment opportunity in the rapidly evolving West Adams / Mid-City Los Angeles corridor.
Formerly operated as an 11-room motel, this vacant property offers immediate flexibility for redevelopment, adaptive reuse, or long-term investment. Situated on an approximately 8,452 SF C2-zoned lot with approximately 2,820 SF of existing improvements, the property features excellent visibility along Washington Boulevard and convenient alley access.
Property Highlights
- Former 11-room motel – Delivered Vacant
- Approx. 8,452 SF Lot
- Approx. 2,820 SF Building
- C2 Commercial Zoning
- Located within an Opportunity Zone
- Approximately 11 On-Site Parking Spaces
- Excellent Street Frontage & High Visibility
- Alley Access
- Strong Redevelopment Potential
- Ideal for Developers, Investors, Owner-Users, or Value-Add Buyers
Development Potential
The existing motel layout may present an attractive opportunity for adaptive reuse or redevelopment. Potential uses may include hospitality, mixed-use, affordable housing, supportive housing, transitional housing, or other commercial/residential development, subject to buyer investigation and approval by the appropriate governmental agencies.
The property may also be a potential candidate for Homekey or similar government-supported housing initiatives, subject to buyer eligibility, program requirements, and agency approval.
Prime Location
Strategically located between Downtown Los Angeles and Culver City in one of the city's fastest-growing redevelopment corridors. Convenient access to the Metro E Line, USC, Koreatown, Mid-City, the Westside, and major freeways. Surrounded by new residential, mixed-use, retail, and commercial developments.
Whether you're seeking a redevelopment project, land-bank investment, or a strategic acquisition in an emerging Los Angeles market, 5062 W. Washington Blvd presents outstanding upside potential.
Buyer to independently verify all information, including zoning, development potential, permitted uses, square footage, lot size, and all applicable governmental requirements.

Property Facts

Price $1,599,000
Price Per Room $145,364
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.20 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

Property Taxes

Parcel Number
5062-006-034
Land Assessment
$1,697,932
Improvements Assessment
$302,444
Total Assessment
$2,000,376
  • Listing ID: 39418472

  • Date on Market: 2/12/2026

  • Last Updated:

  • Address: 5062 W Washington Blvd, Los Angeles, CA 90016

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