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Melody Motel 5062 W Washington Blvd

11 Room Hotel Los Angeles, CA 90016 £1,893,600 (£172,145/Room)

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Investment Highlights

Redevelopment opportunity for Appr. 76 Affordable Units & Appr. 38,906 sf of building area
Located in Mid-City

8,604 sf land

Executive Summary

Redevelopment Opportunity for 100% Affordable Units (appr. 76 units on 8,604 sf land)
Located in Mid-City
Fore more info, Call John at 213-220-0299 or hsk1001@gmail.com

Property Facts

Price	£1,893,600	Building Size	2,820 SF
Price Per Room	£172,145	No. Rooms	11
Sale Type	Investment	Number of Floors	1
Sale Conditions	Development Sale	Year Built	1946
Property Type	Hospitality	Parking Ratio	3.54/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.19 AC

Price	£1,893,600
Price Per Room	£172,145
Sale Type	Investment
Sale Conditions	Development Sale
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.19 AC
Building Size	2,820 SF
No. Rooms	11
Number of Floors	1
Year Built	1946
Parking Ratio	3.54/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Wheelchair Accessible

Room Mix Information

Description	No. Rooms	Daily Rate	SF
Guest Room	11	£98.62	-

1 of 1

aerial
map

5062 W Washington Blvd, Los Angeles, CA - aerial map view - Image1

5062 W Washington Blvd, Los Angeles, CA - aerial map view - Image2

Walk Score ®

Very Walkable (81)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	5062-006-034	Improvements Assessment	£233,950
Land Assessment	£1,313,401	Total Assessment	£1,547,350

PROPERTY TAXES

Parcel Number

5062-006-034

Land Assessment

£1,313,401

Improvements Assessment

£233,950

Total Assessment

£1,547,350

zoning

Zoning Code	LAC2 (The property currently zoned C2-1VL-CPIO Within Opportunity Zone TOC Tier 1)
LAC2 (The property currently zoned C2-1VL-CPIO Within Opportunity Zone TOC Tier 1)