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$ 1,599,000
Est. payment | /mo
8,452 Sqft Lot
$ 1,599,000
Est. payment | /mo
8,452 Sqft Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL26867059
HOA Y/N No
Lot Size 8,452 Sqft
Acres 0.194
Property Sub-Type Other
Property Description
Exceptional value-add and redevelopment opportunity in the heart of Mid-City Los Angeles. Situated on an approximately 8,452 SF LAC2-zoned lot, this property is currently improved with a vacant 11-room motel and offers a wide range of future possibilities. Located within an Opportunity Zone and TOC Tier 1, the site may offer attractive redevelopment potential, subject to buyer's independent investigation and verification with the City of Los Angeles. The property features convenient alley access, providing flexibility for site planning, parking, and future improvements. Ideally positioned near Culver City, Miracle Mile, Mid-Wilshire, Downtown Los Angeles, Metro transit, major freeways, shopping, dining, and employment centers. This centrally located property presents an excellent opportunity for investors, developers, owner-users, or those seeking a long-term investment in one of Los Angeles' most dynamic growth corridors.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Heating None
Cooling None
Fireplace No
Exterior
View Y/N true
View City Lights
Building
New Construction No
Others
Tax ID 5062006034

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Listed by Erica Sook Jung • Dream Realty & Investments Inc
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