Technical
Financial
Distress signals
Property profile

819 S Flower St Los Angeles, CA 90017

FOR LEASE
Hotels
Property ID
US09-6498348
28,765 SF 0.17 ac lot Built 1925
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,000-square-foot commercial space in Los Angeles County, located at 819 S. Flower Street, presents a unique investment opportunity. The property is currently entirely vacant and offers two distinct spaces ideal for a variety of uses. One space is a fully built-out, two-level spa within the trendy O Hotel, featuring six private treatment rooms, a reception area, an open manicure space, separate men's and women's restrooms with steam showers and lockers, and treatment beds. This turnkey spa setup is ready for immediate occupancy and benefits from the hotel's existing clientele. The second space is a chic basement-level bar/restaurant area, conveniently located just off the hotel lobby. This space is perfect for a speakeasy or lounge concept and includes a fully equipped kitchen. Importantly, a Type 47 license is already owned by the hotel, streamlining the permitting process for a new operator. This vibrant location is surrounded by established businesses in a rapidly growing neighborhood, providing a strong foundation for success. The property's central location and proximity to the O Hotel offer significant advantages for both the spa and bar/restaurant spaces, ensuring high visibility and access to a built-in customer base. This is an unparalleled opportunity to establish a thriving business in a dynamic and desirable urban setting. The total square footage is 5,000 square feet, with 2,500 square feet available in each space.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1925
Construction TILT-UP CONCRETE
Total area 28,765 SF
Lot 0.17 ac (7,601 SF)
Zoning code LAC2
APN 5144-021-032
UPID US09-6498348

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Hotel & Motel
  • Restaurant
  • Bar & Pub Nightclub
  • Alternative Medicine Practice Spa & Massage Center

Location

819 S Flower St Los Angeles, CA 90017
Los Angeles metro Census 207711 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.81M

Owner & transaction history

since 2002
7 recorded transactions
2025
Price N/A
2008
Price N/A
2004
Price N/A
2002
$1.7M
1988
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LAC2 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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