Detail

Updated on April 25, 2024 at 10:39 pm

  • Land Area: 19,455 sq ft
  • Property Size: 5,988 sq ft
  • Price: $5,995,000
  • Year Built: 1947

Description

• Sale price reduced by $300,000!
Excellent mixed-use purchase opportunity ideal for owner/user or investor
15-unit apartment building (one and two stories) plus adjacent commercial lot with small building
Current annual NOI of $313,058; 5.22% cap rate
• Proforma annual NOI of $387,277; 6.46% cap rate
Commercial tow yard can be delivered vacant
Buyer can take advantage of the commercial lot, which is ideal for a tow yard, contractor’s yard, outdoor storage, granite yard, plumbing supplies, etc. while collecting income from the apartments
• High profile heavy traffic exposure
Located just west of La Brea Avenue four blocks north of the Santa Monica (I-10) Freeway
125′ frontage on Washington Boulevard

Rent roll and financial data available upon request

Property Documents

  • Marketing Package for 5010-5016 W Washington Blvd
  • Address: 5010 W Washington Blvd 5016 W Washington Blvd
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90016
  • Country: United States

Contact info

Anthony S. Behar
Anthony S. Behar
213.747.8426310.880.2329
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Inquire about this property

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