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$2,250,000
Est. payment /mo
7,884 Sqft Lot
UPDATED:
12/05/2024 10:03 PM
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 24439353
HOA Y/N No
Year Built 1912
Lot Size 7,884 Sqft
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 C42 - Downtown L.A.
Zoning LAM2
Interior
Fireplace No
Building
Story 3
Others
Tax ID 5146031023
Special Listing Condition Standard
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Listed by Michael R. Fukushima • Keller Williams Realty Downey
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908