2420 S Western Avenue, Los Angeles, CA 90018
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Listed Price :
$9,000,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1990
Property Description
Built in 1990, the fully occupied 40-unit apartment building at 2420 S Western Avenue sits on a large 35,439 square foot lot, offering plenty of space for future development. The 32,705 square foot building, zoned LARD1.5, provides an excellent opportunity for investors looking to capitalize on a property with both modern construction and significant potential for expansion. Its prime location and generous lot size make it ideal for long-term growth and increased rental income. Offered under a bankruptcy sale, this property presents a rare chance to acquire a significant asset in a high-demand area. Buyers should be aware that the property is subject to various covenants and restrictions that may impact tenant selection, income, and rent levels. Prospective buyers are strongly encouraged to independently verify all information, including square footage and zoning regulations.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
2420 S Western Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90018 |
| County |
Other |
| Listing Agent |
Brian Parsons DRE #01712649 |
| Co-Listing Agent |
Andy Chan DRE #02054786 |
| Courtesy Of |
Keller Williams Realty |
| List Price |
$9,000,000 |
| Status |
Active Under Contract |
| Type |
Commercial |
| Subtype |
Multi Family |
| Structure Size |
N/A |
| Lot Size |
N/A |
| Year Built |
1990 |
Listing information courtesy of: Brian Parsons, Andy Chan, Keller Williams Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 16th, 2024 at 9:53 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.
