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For SaleLuxury

$1,600,000

10,245 sqft$156/sqft281 days on market

10918 S Figueroa St

Los Angeles, CA 90061

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

10,245

Square feet

1948

Built

Listing narrative

Description

Seller Financing available!! 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, massage therapy (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.

Listing agent (MLS): JENNIFER RUTLEDGE · Listing brokerage (MLS): PRIMETIME REALTY

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,600,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Hotel/motel

Home Size

10,245 sqft

Baths

Baths n/a

Lot Size

0.24 acres

Year

1948

Status

For Sale

Days on Market

281

$ / Sqft

$156

· 8% down, 7% APR, 30yr fixed
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Courtesy of PRIMETIME REALTY