800 E 7th St Pending

Los Angeles,CA 90021

$ 3500000

0 Bed

0 Bath

22368 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Pending

Purchase Type For Sale

Square Footage 22,368 sqft

Price per Sqft $156

MLS Listing ID 24-439353

Year Built 1912

Lot Size 7,883 Sqft

Acres 0.181

Property Description

800 E 7th St. is an early 20th century Single-Room Occupancy (SRO) hotel in Downtown Los Angeles, significant for its association with the city's Chinese American community. Built in 1912, the Continental Hotel provided low-cost accommodations to Chinese American laborers who were employed in the produce industry nearby. Currently the property is being operated as 67 Unit SRO with 7 retail store fronts street level. With a Walk Score of 91 out of 100. This location is a Walker's Paradise so daily errands do not require a car. Investing in real estate in Skid Row offers a unique opportunity for those looking to make a meaningful impact while pursuing potential financial returns. As one of the most historically significant yet underserved areas in the city, Skid Row is undergoing a transformative phase with various redevelopment and revitalization projects

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAM2

Building

Story 3

Others

Special Listing Condition Standard

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