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Listed by Anush Kirakosyan • Keller Williams R. E. Services
$ 1,650,000
Est. payment /mo
Active
6310 S Figueroa Street Los Angeles, CA 90003
4,119 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,119 sqft
Price per Sqft $400
MLS Listing ID CRGD25100644
HOA Y/N No
Year Built 1947
Lot Size 6,995 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property 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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public

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