5134 W Washington Blvd, Los Angeles, CA, 90016
About This Home
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.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1945
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 14
Heating & Cooling
- Heating features: Wall
- Cooling features: None
Interior Area
- Total structure area: 3,526
- Total interior livable area: 3,526 sqft
Property
Details
- Parcel number: 5062006022
- Zoning: LAC2
- Special condition: Standard
- Other equipment: Other
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 8,102 sqft
- Features: 2-4 Lots
Parking
- Total spaces: 7
- Parking features: Parking Space
- Has uncovered spaces: Yes
- Uncovered spaces: 7
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,582 | $114,984 |
| Home Insurance * | $254 | $3,048 |
| Property Taxes | $1,058 | $12,696 |
| Electricity | $756 | $9,073 |
| Total | $11,650 | $139,800 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-21 | Price change | $1,895,000 |
| 2026-06-25 | Listed for sale | $1,995,000 |
| 2024-08-22 | Sold | $1,545,000 |
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