$1,390,000
MID-CITY LA FREESTANDING RETAIL OPPORTUNITY -Positioned along a vibrant commercial corridor, 5413 Washington Blvd, Los Angeles, CA 90016 presents a compelling opportunity for both investors and owner-users, featuring a freestanding retail building of approximately 2,758 square feet situated on a 0.15-acre lot. Originally constructed in 1929, this one-story, Class C property offers a blend of classic architectural character and functional versatility, making it well-suited for a range of retail, office, creative, or service-oriented uses. The property is zoned LAC2, allowing for a variety of commercial applications and potential future repositioning, while its adaptable layout supports multiple configurations to meet diverse business needs. Strategically located in the Mid-City/Miracle Mile submarket, the site benefits from strong street visibility along Washington Boulevard, consistent pedestrian and vehicle traffic, and convenient access to Culver City, Downtown Los Angeles, and other key commercial hubs. Surrounded by a mix of established local businesses and ongoing development, the area continues to experience steady growth and revitalization, enhancing the property's long-term appeal and positioning it as a valuable asset within a dynamic Los Angeles market.
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Listed by Sung Bok Jang with Good Members Investment (213) 500-4635
Property Type
Commercial Sale
Status
Active
MLS Number
26821671
Year Built
1929
Lot Size
3,363 sq ft