Karen DeGasperis REALTOR

OFF MARKET Distressed Assets

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OFF MARKET Distressed Properties

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Photo
Property TypeMixed Use
LocationLos Angeles, California
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TitleCurrent 43 Room Hotel with 3 Retail Units/Parking Lot Entitled for 225 Unit Mix Use Luxury High Rise Development Located Blocks to Downtown Los Angeles
Summary

PERFECT FOR NEW LOW RISE ALL AFFORABLE DEVELOPMENT
Lender Owned Defaulted Development of 225 Unit High Rise Blocks to DTLA
Current 2 Story 43 Room Hotel with 3 Retail Units and Parking Lot
20638 SF on 33425 SF Lot - Built 1941
Near 7th Street and Bixel off the 110 Freeway
Great Walk Score Area of 93
Zoned LACW with TOC 3 Ordinance

Asking Price$0.00
Date UpdatedMarch 5, 2025