Property Detail

10918 Figueroa

Los Angeles CA 90061

$1,600,000

Status: Active

Property Details

Description

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, WITH KITCHEN, 1,400 sq.ft.). The property is ready for redevelopment, repositioning, or adaptive reuse. Zoned C2-1VL, potentially offering flexible pathways including Veterans Housing, RCFE (residential Care Facility for Elderly) motel operations, Assisted Living, Rehab Center, Mixed-Use, Multifamily, Micro-Units, or Supportive Housing Conversion (buyer to verify potential uses with City). Approx. 4,254 sq ft of existing improvements, 12 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. Buyer to conduct their own due diligence regarding zoning, permits, and allowable uses.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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