503 W Athens Blvd

Los Angeles, CA 90044

• Motel
• Land for Sale
• $1,641,107 CAD
• 0.62 AC Lot

Los Angeles Land for Sale - Hawthorne/Gardena

Kingside Investment Group is proud to present a development offering consisting of two adjacent parcels located at 503 W. Athens Boulevard (90044) and 12127 S. Figueroa Street (90061) in South Los Angeles. Together, the sites total 27,206 square feet of R3-1 zoned land with 4,753 square feet of existing improvements, making this a compelling redevelopment or long-term hold opportunity. The building in the rear of the parcel is a 5 unit apartment building consisting of two (2) 1-bed/1-bath units and three (3) 2-bed/1-bath units. Per zimas the units are not subject to rent control but the buyer will have to verify this fact. In the front of this building there is also a garage space that was converted to a motel office that could be a great play for an ADU. The units are not habitable in present condition but can be restored if needed. The front building is an old motel. This structure has no fixtures in it and has been vacant for many years. This likely is a tear down which makes this a unique opportunity to renovate a few units in the back and build a new structure in the front. The combined purchase price is $1,199,000, reflecting a blended land basis of approximately $44.16 per square foot. Both parcels are ED1-eligible sites, offering the potential for an expedited entitlement and approval process, which can significantly reduce development timelines and execution risk. With R3-1 zoning, minimal improvement value, and strong assembly fundamentals, the property is well positioned for a multifamily or affordable housing development. For the construction inclined buyer it could also be a reuse of the existing structure.

Contact:

KW Commercial SoCal

Property Subtype:

Residential

Date on Market:

2025-12-15

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Red Roof Inn Los Angeles Hotel - 8730 Artesia Blvd

Bellflower, CA 90706

• Motel
• Hospitality for Sale
• $14,919,156 CAD
• 29,795 SF

• Pool

Bellflower Hospitality for Sale - Mid-Cities

Bellflower Red Roof Inn For Sale This recently renovated, 63-room Red Roof Inn in Bellflower, CA, is now available for sale at a reduced price. The property, located at 8730 Artesia Boulevard, has been updated to an average-to-good condition and is well-maintained. The motel spans two stories and features a garden-style design with exterior room entrances. The 23,781 sq. ft. building sits on a 1.46-acre lot. Each of the 63 guest rooms is equipped with a king-size bed, flat-screen TV, mini-fridge, microwave, and a full bathroom with a shower and tub. The property also includes three ADA-accessible rooms. For extended stays, there are six superior king rooms with kitchenettes, three of which also feature jacuzzi tubs. Property improvements include new vinyl wood flooring, crown moldings, granite countertops, and electronic card security locks. The site offers two driveways for easy access and 100 marked parking spaces. This property is being sold "as-is."

Contact:

TCB Real Estate Services

Property Subtype:

Hotel

Date on Market:

2024-05-10

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10616 Avalon Blvd

Los Angeles, CA 90003

• Motel
• Office for Sale
• $1,033,391 CAD
• 2,395 SF

Los Angeles Office for Sale - Mid-Cities

This 9,013 Square Feet Lot, with a 2,395 Square Feet Building is in the Southeast area of Los Angeles known as Green Meadows. Property is zoned LAR4 which is Multiple Dwelling Zoning, allowing for Multi-Family residential buildings, such as Apartments, Condos, and some Fraternities/Sororities. Alowing for up to 6-9 stories. Other permitted uses would be Church, School, Childcare, Hotel/Motel and any use permitted in the 'R3' Multiple Dwelling Zone. The neighborhood consists of Single-family homes, apartments, and condos. It is located close to Alain LeRoy Locke College, 101 Freeway, 105 Freeway, USC, Los Angeles International Airport and Downtown Los Angeles. Under construction across the street at 10705 Avalon Blvd is a new 69 Unit, five-story Apartment Building. This Listed Avalon Blvd property is on the same street, the same zoning and slightly smaller. For Additional Information go to: www.zimas.lacity.org If you can see yourself investing and you feel now is the time Call/Write Now! PROPERTY MUST GO THROUGH PROBATE.

Contact:

Apartment Building Investments

Property Subtype:

Loft/Creative Space

Date on Market:

2024-06-07

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