List Search

5022 W Washington Blvd
Los Angeles, CA 90016 Mid-City

$2,350,000 USD

Apartments For Sale  •  9,247 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,247 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1948
  • Cap Rate 7.82 %
  • Zoning LAC2-1VL-CPIO
70 Transit Score
70 Walk Score

Highlights

Value Add Multi-Family Investment
2-Story, 21-Unit Apartment With 11 Car Parking
$183,660 Pro Forma NOI | 7.8% Cap Rate | $106,818 Per Unit
Prime Mid-City West Washington Blvd Location
Available with Adjacent ±3,540 SF Commercial Building on ±10,669 SF of Land for $4,350,000

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $183,660 USD (2026)
Cap Rate: 7.82 %
Total Expenses: $111,576 USD

Amenities

  • Laundry Facilities
  • Kitchen

Public Transportation

Commuter RailDriveWalkDistance
14 min - 8.4 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 8.6 mi
AirportDriveWalkDistance
Los Angeles International 18 min - 9.0 mi
Bob Hope 28 min - 13.0 mi
Long Beach (Daugherty Field) 36 min - 26.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Jesse McKenzie 714-883-6875 Major Properties
Jesse McKenzie 714-883-6875 Major Properties