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Property Detail

10721 S Broadway, Los Angeles, CA 90061, USA
Nearby to Metro Bus Stations!
$2,400,000

Description

INVESTMENT HIGHLIGHTS

  • Unique Investment Opportunity!
  •  
  • Please Inquire with Listing Agents for more Information!
  • Large 12,612 Sq. Ft. Lot Zoned LAC2!
  •  
  • Easily Accessible by the 110 Freeway & 105 Freeway!

EXECUTIVE SUMMARY

Unique investment opportunity for a 20 room motel! Repurpose the property for emergency shelter for the unhoused, convert the property for permanent supportive affordable housing, or redevelop the property to take advantage of the superior zoning or the new ED-1 incentives. The property is a closed motel with 20 rooms and a management office. The total building area is 4,757 Sq. Ft. on a 12,612 Sq. Ft. lot zoned LAC2. The property is located on the North West corner at the intersection of West 108th St. and Broadway near the 110 Freeway. The property is also accessible by an alley. Please note that the Motel is closed and completely fenced off. Do not walk on property, drive by only! *Pictures are from before Motel closure*
 

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Guest Room20$50.00

 

Michael Fukushima

+1 818-321-6490

 

Stephen Watson

+1 213-446-3636

Specification

General

  • 4757
  • 0.2900
  • Investment
  • C2, Los Angeles (Buyers to Check the Zoning with the City)
  • 1961
  • 20

Hospitality

10721 S Broadway

# 78

SKU: 78

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