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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29853817
29853825

6919 S Figueroa St, Los Angeles, CA 90003

MM
CA CA Lic# 01882607
Global Capital Advisors
Listed by Global Capital Advisors
$900,000
100 days on market
Updated 33 days ago

6919 S Figueroa St., Los Angeles CA 90003

Details
APN 6013022027
Property Type Hospitality, Land
Sub Type Commercial, Motel
Broker Co-Op Yes
Year Built 1941
Buildings 2
Stories 1
Lot Size (SqFt) 9,597
Zoning LAC2
Investment Type Redevelopment

Hospitality

Marketing description

Exceptional Redevelopment Opportunity – LAC Zoned | Two Parcels | Prime Investment Potential

Unlock the potential of this rare redevelopment opportunity in Los Angeles—a good affordable housing development play. This LAC-zoned property consists of two adjoining parcels totaling 9,597 SF, currently improved with a former motel featuring two single-story buildings, approximately 3,038 SF of existing structure, and 12 on-site parking spaces.

The property presents a blank canvas for investors, developers, and visionaries seeking to reposition or redevelop in a high-demand market. With flexible LAC zoning and substantial lot size, the site offers significant upside potential for a variety of future uses (buyer to verify).

The City of Los Angeles has issued an Order to Vacate and Secure, and land use privileges for motel operations have been revoked pending required clearances and permits from the LA Department of City Planning and LADBS.

This is an opportunity to acquire a value-add asset priced for redevelopment — ideal for those ready to reimagine and revitalize.

Buyer to conduct their own due diligence regarding zoning, permits, and redevelopment potential.

Listing Contacts

MM
CA CA Lic# 01882607
Global Capital Advisors
Listed by Global Capital Advisors

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Additional Information

Name
Gary Mkrtichyan
License
02045105
Brokerage
Global Capital Advisors, Inc.
Brokerage Phone
818-939-8855
Title
Broker of Record
Brokerage Address
406 E Colorado St, Glendale CA 91205
Name
Myrna Morton
License
CA Lic# 01882607
Brokerage
Global Capital Advisors, Inc.
Brokerage Phone
818-937-8855
Brokerage Address
406 East Colorado Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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