Stephanie Vogt
The median home value in Los Angeles, CA is $1,150,000.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Los Angeles, CA is $1,150,000.
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compared to 47.38% rented, while
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Kingside Investment Group is proud to present the Edge of Town Motel. The asset is composed of 17 rooms + 2 managers apartments. Of the 17 rooms about 5 of them are NON RSO apartment units that may be separately metered. There is deferred maintenance at the property which will require a renovation. The property is two (2) separate APN numbers including 6117-005-011and 6117-005-012.
Situated on a 6,057 sq ft lot in the Southeast Los Angeles Community Plan area, this rare investment opportunity offers both immediate rental income and significant redevelopment potential. The property features two tenant-occupied units, both identical in size with 4 bedrooms and 2 bathrooms: a front residence built in 1947 and a rear residence constructed in 2003. With R3-XL-CPIO zoning and location within a Transit Oriented Communities (TOC) Tier 3 and State Density Bonus eligibility area, the site provides multiple density pathways, ranging from a base entitlement of 7-8 units to as many as 20 units under applicable incentives such as TOC, State Density Bonus, and SELA CPIO programs (buyer to verify). Both units are subject to AB 1482 protections with only the front unit being subject to the Los Angeles Rent Stabilization Ordinance or RSO (rear unit exempt based on year built), offering stability of tenancy alongside clear legal frameworks for future planning. Conveniently located near major transit corridors, shopping, dining, schools, and recreation, this parcel presents an exceptional opportunity for builders, developers, or investors seeking both current cash flow and long-term upside in a rapidly evolving Los Angeles submarket.
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