James Nagorski - Coldwell Banker Commercial Real Estate Solutions Logo
$900,000
( $296.25Per Sq Foot )
 $4,831 est/mo Sourced by Back At You

6919 S Figueroa,Los Angeles, CA 90003

Los Angeles, CA 90003

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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 The City of Los Angeles has issued an Order to Vacate and Secure, and land use privileges for motel operations have been revoked pending required clearances and permits from the LA Department of City Planning and LADBS.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.

Details

MLS #GD26040096
Listing TypeFor Sale
StyleHotelmotel
Building NameBoulevard Motel
Sub-TypeResale
StatusActive
Year1941
Days On Site233
Listing Provided ByGlobal Capital Advisors, Inc. | Gary Mkrtichyan

Features

SQ Feet3,038
Story(s)1
Building(s)2
Acreage0.22

Exterior

Lot FeaturesZero To One Unit Acre

Utilities

UtilitiesWater Connected

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90003
AreaC16 Mid Los Angeles
Listing VS Median (in 90003)
Price:
$900,000
low | high
Med:
$950,000
44.444444444444% of Average
sqft:
3,038
low | high
Med:
1,283
100% of Average
$ / sqft:
$296
low | high
Med:
$740
99.943708322508% of Average
On site:
233
low | high
Med:
40
100% of Average
Sourced by Back At You

Market Activity 90003

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Contact

Learn More About This Property

James Nagorski

James Nagorski

Coldwell Banker Commercial

02248064 (805) 538-3393james.nagorski@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90003
AreaC16 Mid Los Angeles
Listing VS Median (in 90003)
Price:
$900,000
low | high
Med:
$950,000
44.444444444444% of Average
sqft:
3,038
low | high
Med:
1,283
100% of Average
$ / sqft:
$296
low | high
Med:
$740
99.943708322508% of Average
On site:
233
low | high
Med:
40
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $675K - $1.125M
sqft: 2,000 - 3,500
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Listing Updated: September 29, 2026 at 1:19:05 AM PDT

James Nagorski - Coldwell Banker Commercial Real Estate Solutions