6 months on rocket

5134 W Washington Blvd, Los Angeles, CA, 90016

$2,150,000

Home List Price

$10,000*

Closing Credit

14 Bedrooms
14 Baths
3,526 SqFt
$610/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5134 W Washington Blvd, Los Angeles$2,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingUncovered
Year Built1945
MLS #23322219
Lot Size0.19 Acres
StatusActive

About 5134 W Washington Blvd

3rd Price Reduction! 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 and a projected 7.33% CAP upon leasing of the vacancies, there is immediate opportunity for an operator to renovate and add-value while working with the existing tenants (majority of which are transitional housing) that are currently receiving subsidies up to $1,660 per month! The majority of units compose of bachelor style layouts (no kitchen), with 1 one bedroom unit (stand-alone structure), and 1 two bedroom unit (previous motel office). With 3,526sf of building located on 8,123sf of land, 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. For more information please contact the listing broker.

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 1
  • Living Area: 3,526 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 14

Exterior Features

Parking Information:

  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

School Info

Assigned Schools Information:

  • Los Angeles Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Johnnie Cochran, Jr., Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Cienega Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Google maps: 5134 W Washington Blvd. Los Angeles, CA 90016

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,150,000
  • Price Per SqFt: $610/SqFt

Tax Information:

  • Annual Amount: $3,584
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

5134 W Washington Blvd vs Los Angeles

195 DAYS ON ROCKET

+161 Days

$2,150,000

+$1.1M More

$610/SqFt

-$18 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $18/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23322219

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:55:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,584$272,328
2020$3,484$269,537
2019$3,384$264,253
2018$3,317$259,073
2017$3,317$253,994

History based on county public records data.

Payment Calculator

$10.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,512

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2776678
4
/10

  • Cienega Elementary School

  • 2611 S Orange Dr

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-2776679
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.02 miles

  • Public Magnet Grades KG-6

school-card-donut-2776680
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 19.52 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2776681
2
/10

  • Johnnie Cochran, Jr., Middle School

  • 4066 West Johnnie Cochran Vist

  • 1.45 miles

  • Public District Grades 6-8

school-card-donut-2776682
4
/10

  • Studio

  • 2211 W Avenue 30

  • 7.94 miles

  • Public District Grades 6-8

High School

school-card-donut-2776683
2
/10

  • Los Angeles Senior High School

  • 4650 W Olympic Blvd

  • 1.48 miles

  • Public Magnet Grades 9-12

school-card-donut-2776684
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 8.03 miles

  • Public Magnet Grades 9-12

school-card-donut-2776685
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.47 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,058. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5134 W Washington Blvd

What is the listing price of this property?

The listing price of 5134 W Washington Blvd property is $2,150,000.

What type of property is this?

The property 5134 W Washington Blvd is a house located in Los Angeles, California, 90016.

Is this property for sale now?

Active Listing: 5134 W Washington Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5134 W Washington Blvd are:
Cienega Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Johnnie Cochran, Jr., Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
Los Angeles Senior High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,584 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5134 W Washington Blvd has 14 bedrooms and 14 bathrooms.

What is the square footage of this property?

The property 5134 W Washington Blvd is 3,526 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5134 W Washington Blvd is 1945.

Rocket Homes›California›Los Angeles County›Los Angeles›90016›5134 W Washington Blvd

This home is located at 5134 W Washington Blvd in Los Angeles, CA and zip code 90016 in the Mid-City neighborhood. This 3,526 square foot home, which was built in 1945, sits on a 0.19 acre lot. Features: 14 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since October 17, 2023 and is currently priced at $2,150,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. The number of listings in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources