4330 S Broadway - Hospitality FOR SALE


Los Angeles, CA 90037- Vernon-Main
$1,998,000 USD
714-323-3200
4330 S Broadway, Los Angeles, CA for Sale
$1,998,000 USD
Hospitality - FOR SALE
1/17
null | Request Cap Rate

4330 S Broadway
Los Angeles, CA 90037
Vernon-Main


OVERVIEW

A well-located 18-room independent motel offered together with an adjacent parking lot parcel in the heart of South LA's Broadway corridor. This is a two-parcel offering totaling approximately 13,860 SF of combined land: one parcel improved with the 18-room motel (5,568 SF) plus a 396 SF laundry building on a 7,560 SF lot, the second an adjacent 6,300 SF surface parking lot. Zoned C2-2D-CPIO with a Community Commercial General Plan designation, the site sits within a Community Plan Implementation Overlay and a federally designated Opportunity Zone, offering potential tax-advantaged investment structuring alongside flexibility across commercial and mixed-use development scenarios. The property is designated as a Los Angeles Housing Element Site, reflecting the city's identification of the parcel as contributing to future housing capacity, an added point of interest for residential and supportive housing developers. Situated minutes from Downtown LA, USC, and major freeway access, the property sits in a high-visibility submarket that has drawn interest from hospitality investors and affordable/supportive housing developers. The existing motel configuration, with 18 self-contained rooms, an accessory laundry building, and 24-hour operations, lends itself well to adaptive reuse strategies, including those pursued under state and county interim housing, Homekey-style, or PSH acquisition programs. The site's commercial zoning, Opportunity Zone status, Housing Element Site designation, and parcel configuration may also warrant a look from residential developers, subject to CPIO standards and entitlement review. Its central location offers proximity to transit, jobs, and Downtown LA amenities.

FOR SALE DETAILS

PRICE

$1,998,000 USD

PRICE/SF

$335 USD /SF

# OF ROOMS

18

PRICE/ROOM

$111,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little Caesars Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5111-013-001,5111-013-002

ASK ABOUT THIS PROPERTY

Kacey TaorminaCompassMore Info
714-323-3200

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Kacey TaorminaCompassMore Info
714-323-3200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.