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679 Harvard Blvd - Harvard Hotel 0.34 Acres of Commercial Land in Los Angeles, CA 90005
Investment Highlights
- Fully entitled land for a 7-story, 110-room hotel development with RTI permits.
- Three levels of subterranean parking accommodating approximately 63 vehicles.
- Exceptional transit accessibility with nearby Metro stations and major thoroughfares.
- Includes 1,840 square feet of ground-floor retail for additional income potential.
- Located just south of Wilshire Boulevard in the dynamic Koreatown submarket.
- Positioned amidst a thriving mix of residential density, cultural landmarks, and nightlife destinations.
Executive Summary
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.34 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | (T)(Q)C2-2 - Regional Center Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.34 AC |
| No. Stories | 1 |
| Zoning | (T)(Q)C2-2 - Regional Center Commercial |
1 Lot Available
Lot 1
| Lot Size | 0.34 AC |
| Lot Size | 0.34 AC |
The 0.34-acre lot (14,894 sq ft) at 679 S. Harvard Blvd is zoned (T)(Q) C2-2 with Ready-to-Issue (RTI) entitlement for a 7-story hotel featuring three levels of subterranean parking.
Description
Positioned in the heart of Koreatown, the site benefits from proximity to high-density residential communities, diverse dining options, established cultural institutions, and abundant nightlife venues. Immediate access to public transit, the Wilshire Corridor, and major freeways—including the Hollywood Freeway and I-10—ensures connectivity across the metropolitan area. With the Los Angeles International Airport and Union Station easily reachable, this asset promises strong appeal for business and leisure travelers alike. The surrounding neighborhood’s continued growth and mixed-use developments further support long-term value appreciation and robust occupancy demand.
Property Taxes
| Parcel Number | 5093-019-019 | Improvements Assessment | $0 CAD |
| Land Assessment | $8,108,461 CAD | Total Assessment | $8,108,461 CAD |
Property Taxes
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679 Harvard Blvd - Harvard Hotel
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