$ 3,500,000
800 E 7th St Los Angeles, CA 90021
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$ 3,500,000
Est. payment /mo
Pending
800 E 7th St Los Angeles, CA 90021
22,368 SqFt
UPDATED:
11/20/2024 09:02 PM
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
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Keller Williams Realty Downey
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