6310 S Figueroa Street,Los Angeles, CA 90003
Los Angeles, CA 90003
Description
Elite Hospitality Advisors are presenting an excellent investment opportunity in South Los Angeles, a market poised for continued growth and redevelopment. This 15-unit property, formerly operated as a motel, offers significant potential for income-generating use or redevelopment. While motel operations are currently not permitted, future operation may be possible subject to City approval. In the meantime, the existing unit layout is ideal for multi-residential rental, transitional housing, or leasing to non-profit organizations, which are highly active in the area. Zoned C2, the property allows for a variety of commercial and residential uses. Located on a high-visibility corridor, it benefits from strong traffic flow, nearby amenities, and proximity to key infrastructure. The area continues to attract public and private investment, positioning this property for strong long-term upside. All information is deemed reliable but not guaranteed. Buyers are advised to independently verify all details, zoning, and use with the City of Los Angeles. Versatile property with redevelopment potential in a rapidly improving urban location.
Details
| MLS # | GD25100644 |
|---|---|
| Listing Type | For Sale |
| Style | Hospitality |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 64 |
| Listing Provided By | Keller Williams R. E. Services | Anush Kirakosyan |
Features
| SQ Feet | 4,119 |
|---|---|
| Story(s) | 2 |
| Zoning | LAC2 |
| Acreage | 0.16 |
Exterior
| Lot Features | Sixteen To Twenty Units Acre |
|---|
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C34 Los Angeles Southwest |
 | $1,250,000340 W 62nd StreetLos Angeles, CA 90003 |
 | $1,580,000671 W 62nd StreetLos Angeles, CA 90044 |