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$2,900,000
Est. payment /mo
0.25 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25138515
HOA Y/N No
Year Built 1928
Lot Size 0.252 Acres
Property Sub-Type Hotel/Motel
Property Description
Discover a rare gem in the heart of South Los Angeles' vibrant 90011 neighborhood – a fully operational multi-family hotel property built in 1928, blending historic charm with endless investment potential. Spanning an impressive 12,596 square feet on a generous 0.25-acre lot, this commercial powerhouse offers 44 doors. Just 1.2 miles from the Jefferson/USC Metro station, commuting is a breeze, whether heading to downtown LA, USC campus, or the bustling entertainment districts. Everyday essentials are close by, including local markets, eateries, and parks, all within the culturally rich South LA community. This property is a standout for its income-generating versatility – imagine steady rental yields from long-term tenants or short-term stays, with the potential to modernize for higher returns in a market hungry for affordable housing.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Building
Story 2
Water Public
Others
Tax ID 5120015040
Special Listing Condition Standard
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Listed by KEITH O'BRIEN THE MASTERS REALTY keith@themastersrealty.com
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Devin McNichol & Aaron Bernbach
Agent | License ID: 02038322
Agent License ID: 02038322