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!
24380891
Business Opportunities, Other
Los Angeles
1961
0.2895
Acres
4,757
Sq. Ft.
Multi-Family
2 Total
Interior Features
- Security
- Gated Community
Exterior / Lot Features
- Parking
- 25 Parking Spaces. 0 Covered Parking Spaces.
- Lot Dimensions
- 89x140
- Zoning
- LAC2
Community Features
- Security Features
- Gated Community
- Complex Features
- Gated Community
Financial Considerations
6074012019
Arrows indicate 90 day trend
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