Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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.
4 weeks ago | Listing updated with changes from the MLS® | |
7 months ago | Status changed to Active Under Contract | |
8 months ago | Listing first seen on site |
While the properties showcased on this website are real listings, they may not be actively for sale. This website serves as a representative example of our work, and the availability of specific properties can change. Please contact us for the most up-to-date information.
© Copyright 2025 Team Lloyd & Associates. All Rights Reserved
Website Crafted With Care By Luxury Real Estate Websites
Do you have questions?
Call or text today, we are here to help!
I agree to be contacted by Team Lloyd & Associates via text, call & email. To opt-out, reply 'stop' or click unsubscribe.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.