2420 S Western Avenue

Los Angeles, CA 90018

$9,000,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1990

calendar_month Built

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.

Listing Information

List Price $9,000,000
Status Active Under Contract
MLS P119129
HOA $0
Type Commercial
Subtype Multi Family
Year Built 1990
Lot Size N/A
Structure Size N/A
DOM 42
Courtesy Of Keller Williams Realty
Listing Agent Brian Parsons DRE#01712649
Co-Listing Agent Andy Chan DRE#02054786

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Brian Parsons, Andy Chan, Keller Williams Realty (626) 204-3390. *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.