10918 S Figueroa, Los Angeles, CA 90061
sale
$1,800,000
|
Other
Courtesy Of Primetime Realty
A rare South Los Angeles value-add opportunity two contiguous parcels totaling approx. 10,246 sq ft, improved with an 11-unit motel configuration (10 guest rooms plus a 2-bed/2-bath manager s unit, 1,400 sq.ft.). The property is ready for redevelopment, repositioning, or adaptive reuse. Zoned C2-1VL, offering flexible pathways including motel operations, mixed-use, multifamily, micro-units, or supportive housing conversion (buyer to verify). Approx. 4,254 sq ft of existing improvements, 6 parking spaces, and excellent frontage along Figueroa St near the 110 Freeway. The sale includes APN:6075-033-028 and 6075-033-029. Property renovated in 2015. Approx. 8 miles from LAX airport, close to highway 105 & 110, shopping and restaurants. Strong demand drivers, dense surrounding population, and proximity to major employment hubs make this an attractive acquisition for investors, operators, and developers. Property sold as-is with no seller repairs or credits. Buyer to conduct their own due diligence regarding zoning, permits, and allowable uses.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- MLSID: CV26022886
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