5024–5030 W Washington Blvd presents a rare value-add commercial and redevelopment opportunity in the highly desirable Mid-City Los Angeles submarket. The property offers multiple investment strategies including retail repositioning, owner-user occupancy, automotive or service-related operations, and future mixed-use redevelopment potential. Current $78,000 gross annual income from 3 tenants (all month-to-month). The site’s flexible LAC2 zoning, large parcel size, onsite parking, and strong Washington Boulevard frontage create significant upside for investors seeking long-term appreciation and adaptive reuse opportunities. Additionally, the property’s Opportunity Zone designation may provide substantial tax advantages for qualified investors, while the low existing FAR makes the asset attractive as a strategic land banking opportunity within a rapidly appreciating urban infill corridor. Note: Available for purchase with adjacent 21-unit apartment building for total of $4,350,000.