Under contract
Active Under Contract
2420 S Western Avenue
Los Angeles CA, 90018
$9,000,000
$275.19 per sqft
Under contract
Active Under Contract
32,705 sqft
Commercial
Built in 1990
Listed by Brian Parsons with Keller Williams Realty (626) 204-3390
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.
P1-19129
MLSⓇ ID
September 5, 2024
Listed
December 5, 2024
Updated
Map
2420 S Western Avenue
Los Angeles CA, 90018
Interior Features
Fireplace
No
Cooling
Yes
Heating
Yes
Exterior/Building Features
Lot Size
35,439 Acres
Lot Features
Sprinklers None
Other Property Details
Area Name
C16 - Mid Los Angeles
Days on Market
91
Garage
No
Parking Total
0
View
No
County
Other
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
10/16/2024 | Under contract | — |
Listing Contact: (626) 204-3300
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 8:38 AM UTC