2523 W Washington Blvd, Los Angeles, CA 90018, USA
$3,500,000
Detail
Updated on January 29, 2026 at 9:42 pm
Land Area: 11,886 sq ft
Property Size: 13,300 sq ft
Price: $3,500,000
Year Built: 1920
Description
• Price reduced!
• Owner/user or investor purchase opportunity • Well-maintained 7-unit commercial property fully renovated in 2015 • 7 occupied units: 100% leased • $297,120 actual gross annual income
• $234,630 actual net annual income income | 6.7% cap rate • Parking for 8± vehicles accessed from Washington Blvd through an interior driveway • All units individually metered • All units have HVAC except 103 and 106 • New electrical, windows, doors, and roof • Great location just west of Arlington Avenue • One-half mile north of the Santa Monica (I-10) Freeway • Former 1920 Cadillac Dealership/Showroom