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$ 1,600,000
Est. payment | /mo
10,245 Sqft Lot
$ 1,600,000
Est. payment | /mo
10,245 Sqft Lot
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26022886
HOA Y/N No
Year Built 1948
Lot Size 10,245 Sqft
Property Sub-Type Hotel/Motel
Property Description
A rare South Los Angeles value-add opportunity — two contiguous parcels totaling approx. 10,246 sq ft, improved with an 11-unit motel configuration (10 guest rooms plus a 2-bed/2-bath manager's unit, WITH KITCHEN, 1,400 sq.ft.). The property is ready for redevelopment, repositioning, or adaptive reuse. Zoned C2-1VL, potentially offering flexible pathways including Veterans Housing, RCFE (residential Care Facility for Elderly) motel operations, Assisted Living, Rehab Center, Mixed-Use, Multifamily, Micro-Units, or Supportive Housing Conversion (buyer to verify potential uses with City). Approx. 4,254 sq ft of existing improvements, 12 parking spaces, and excellent frontage along Figueroa St near the 110 Freeway. The sale includes APN:6075-033-028 and 6075-033-029. Property renovated in 2015. Approx. 8 miles from LAX airport, close to highway 105 & 110, shopping and restaurants. Strong demand drivers, dense surrounding population, and proximity to major employment hubs make this an attractive acquisition for investors, operators, and developers. Buyer to conduct their own due diligence regarding zoning, permits, and allowable uses.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Laundry Room
Building
Lot Description Near Public Transit
Story 1
Water Public, Private
Others
Tax ID 6075033028
Special Listing Condition Standard
Listed by JENNIFER RUTLEDGE PRIMETIME REALTY 949-415-4787, DRE #01963407
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