2420 S Western Avenue, Los Angeles, CA 90018 - Berkshire Hathaway HomeServices California Properties

2420 S Western Avenue, Los Angeles, CA 90018

$9,000,000 Approx. USD 0 beds, 0 baths

Listing Agent


Brian Parsons | brianparsons@kw.com
Lic#: 01712649
Broker: Courtesy of Keller Williams Realty

Co Listing Agent


Andy Chan | andyyanchan@gmail.com
Lic#: 02054786
Broker: Courtesy of Keller Williams Realty

Agent Remarks

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 Details

Property type: Multi Family (Commercial)
Status: Active Under Contract
MLS# P1-19129
Price: $9,000,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1990
County: Other
Lot description: Sprinklers None
MLS area: C16 - Mid Los Angeles

Last Updated: 12/8/2024

 Days On Market (DOM): 91

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.034050, -118.308420.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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