Los Angeles, CA 90021 800 E 7th Street
$3,500,000
Presented By: Michael R. Fukushima with Keller Williams Downtown LA;
SQFT • 22,368
Home Details
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
Presented By: Michael R. Fukushima with Keller Williams Downtown LA;
Interior Features for 800 E 7th Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Stories3
General for 800 E 7th Street
Additional Parcels Y/NNo
Attached Garage No
Building NameContinental Hotel
Cap Rate7.0
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market
DirectionsFrom Downtown Los Angeles, head East on 7th St. Property is on the Southeast corner of the intersection of E 7th St. and Towne Ave.
Garage Y/NNo
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet7883.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income243283.0
New ConstructionNo
Private PoolNo
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
View Y/NNo
Waterfront Y/NNo
Year Built1912
ZoningLAM2
Exterior for 800 E 7th Street
Building Area Total22368.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions70x112
Lot Size Acres0.181
Lot Size Area7883.0
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480