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… Read More 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. Read Less
Courtesy of Kidder Mathews of California, Inc. 858-369-3010
Listing Snapshot
Days Online
15
Last Updated
Property Type
Other
Beds
4
Square Ft.
3,526
Lot Size
0.19 Acres
Year Built
1945
MLS Number
26852329
30 Days Snapshot Of 90016
$1.08M
0%
(avg) sold price
0
-100%
homes sold
42
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Other"
Building
3,526 sq ft, Built in 1945, Levels: "One Level", "Attached"
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