$700,000
6919 S Figueroa St
Los Angeles, CA 90003
—
Beds
—
Baths
9,601
Square feet
1941
Built
Listing narrative
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 The City of Los Angeles has issued an Order to Vacate and Secure, and land use privileges for motel operations have been revoked pending required clearances and permits from the LA Department of City Planning and LADBS.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.
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
$700,000
Beds
Beds n/a
Type
Commercial
MLS subtype
Hotel/motel
Home Size
9,601 sqft
Baths
Baths n/a
Lot Size
0.22 acres
Year
1941
Status
For Sale
Days on Market
258
$ / Sqft
$73
Courtesy of Global Capital Advisors, Inc.






