Los Angeles Hospitality for Sale - Miracle Mile
Prime Redevelopment Opportunity | Former Motel | C2 Zoning | Opportunity Zone
Exceptional investment and redevelopment opportunity in the rapidly evolving West Adams / Mid-City Los Angeles corridor.
Formerly operated as an 11-room motel, this vacant property offers immediate flexibility for redevelopment, adaptive reuse, or long-term investment. Situated on an approximately 8,452 SF C2-zoned lot with approximately 2,820 SF of existing improvements, the property features excellent visibility along Washington Boulevard and convenient alley access.
Property Highlights
- Former 11-room motel – Delivered Vacant
- Approx. 8,452 SF Lot
- Approx. 2,820 SF Building
- C2 Commercial Zoning
- Located within an Opportunity Zone
- Approximately 11 On-Site Parking Spaces
- Excellent Street Frontage & High Visibility
- Alley Access
- Strong Redevelopment Potential
- Ideal for Developers, Investors, Owner-Users, or Value-Add Buyers
Development Potential
The existing motel layout may present an attractive opportunity for adaptive reuse or redevelopment. Potential uses may include hospitality, mixed-use, affordable housing, supportive housing, transitional housing, or other commercial/residential development, subject to buyer investigation and approval by the appropriate governmental agencies.
The property may also be a potential candidate for Homekey or similar government-supported housing initiatives, subject to buyer eligibility, program requirements, and agency approval.
Prime Location
Strategically located between Downtown Los Angeles and Culver City in one of the city's fastest-growing redevelopment corridors. Convenient access to the Metro E Line, USC, Koreatown, Mid-City, the Westside, and major freeways. Surrounded by new residential, mixed-use, retail, and commercial developments.
Whether you're seeking a redevelopment project, land-bank investment, or a strategic acquisition in an emerging Los Angeles market, 5062 W. Washington Blvd presents outstanding upside potential.
Buyer to independently verify all information, including zoning, development potential, permitted uses, square footage, lot size, and all applicable governmental requirements.