3
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$2,250,000
Est. payment /mo
22,368 SqFt
Pending
800 E 7th St Los Angeles, CA 90021
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UPDATED:
12/05/2024 08:37 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Pending
Purchase Type For Sale
Square Footage 22,368 sqft
Price per Sqft $100
MLS Listing ID 24-439353
Year Built 1912
Lot Size 7,883 Sqft
Acres 0.181
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 Downtown L.A.
Zoning LAM2
Building
Story 3
Others
Special Listing Condition Standard
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Listed by Keller Williams Realty Downey