Search
Hotel with 20+ On-Site Parking
For Lease
$135,000

1123 W 7th, Los Angeles, CA 90017

Hospitality asset in Downtown Los Angeles includes two ground-floor commercial spaces and 20+ on-site parking spaces.

Space SizeContact for details
Property Size20,368 SF
Days on Market81

Property Features for 1123 W 7th

General Information

Standard status Active
Size 20,368 SF
Property subtype Hotel/Motel

Additional Details

Highway Access Yes

Building Details

Building Size 20,368 SF
Year Built 1964
Listing Agency: Anca C. Horovitz
Listed By: Anca Horovitz · License #01349506
Source: Velocityrealtysd
Added: Jun 17 Changed: Sep 2 Last Checked: Sep 5 at 7:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anca C. Horovitz

Investment Insights

Based on property information with market context.

Hospitality building in Downtown Los Angeles featuring approximately 20,368 square feet of lodging space and two ground-floor commercial spaces totaling approximately 2,000–3,000 square feet. One ground-floor space is configured as a restaurant, and the second is a retail/storefront space, supporting street-level uses alongside the lodging component.

The property is positioned for convenient access to LA Live, Crypto.com Arena, the Los Angeles Convention Center, the Financial District, the Arts District, and major transportation routes. Ownership is offering this opportunity to a qualified hospitality operator seeking a Downtown presence in a highly walkable area with good transit access.

Key Highlights

  • Hospitality asset in Downtown Los Angeles, built in 1964
  • Approximately 20,368 SF lodging asset plus two ground‑floor commercial spaces totaling about 2,000–3,000 SF
  • One ground‑floor space is configured as a restaurant; the other is retail/storefront space

Property Analytics

Current Use

DTLA Hotel Hotel & Motel Kabob Express Restaurant Harmony Town Inc Association Or Organization Tiffany & Associ, LLC Tax Preparation Americas Best Value ... Hotel & Motel

Suggested Use

Top Pick Pet Grooming Service Buffet Carpet & Flooring Store Adult Day Care Tanning Salon Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

16,173
Businesses Nearby

Demographics for 90017, CA

27,295
Population
15,953
Households
1.7
Avg Household Size
33
Median Age
36%
College-Educated
72%
High-School Grad
0.7 sq mi
ZIP Area
38,993
Density / Sq Mi
$51,317
Median Household Income
$35,076
Median Earnings
$1,669
Median Rent
$675,500
Median Home Value

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - Hospitality asset in Downtown Los Angeles includes two ground-floor commercial spaces and 20+ on-site parking spaces.
Where is this hotel located?
The property is located at 1123 W 7th Los Angeles, CA.
What is the lease rate?
The lease rate is $135,000.
What are key features of this property?
This property features: Hospitality asset in Downtown Los Angeles, built in 1964; Approximately 20,368 SF lodging asset plus two ground‑floor commercial spaces totaling about 2,000–3,000 SF; One ground‑floor space is configured as a restaurant; the other is retail/storefront space
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message