820 S Spring St
Hotel Investment Sale
Located in the heart of the Fashion District in Downtown Los Angeles, the property consists of a 9,533 sf property on a 3,179 sf lot. The property is 100% leased to a restaurant/bar and 14-room boutique hotel operator and provides additional income from a leased rooftop billboard. This property provides an investor with a stabilized income property with future upside potential.
Details
APN: 5144-016-047
Occupancy: 100% Leased
GLA: 9,533 sf
Lot Size: 3,179 sf
Year built: 1900 with complete structural upgrade and remodel in 2016
Zoned: C2-4D
FAR: 6:1