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1239 S Atlantic Blvd
Los Angeles, CA 90022
Pride Hotel · Hospitality Property For Sale · 42 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 0.22 AC
Building Size 9,710 SF
No. Rooms 42
No. Stories 2
Year Built 1955
Parking Ratio 1.75/1,000 SF
Corridor Interior
Zoning LCC3* - Commercial

ABOUT 1239 S ATLANTIC BLVD , LOS ANGELES, CA 90022

The Pride Hotel is a vintage 1950's single room occupancy hotel in the heart of the unincorporated county neighborhood of East Los Angeles. There are 8 rooms with private bathrooms, 33 rooms with shared hallway bathrooms, and a spacious 1 bedroom 1 bathroom manager's apartment unit. The hotel license for transient occupancy is current and active and there are no current or past violations. The property comes equipped with laundry facilities and parking for 17 vehicles between the front parking lot and parking accessed from the alley behind. Central corridors allow for a range of options including hotel, hostel, housing programs, rehabilitation center, homeless housing, and the potential is endless given the opportunities of this moment. There are 5 long term residents and the remainder of the rooms will be delivered vacant at close of escrow. Seller prefers to put this asset to work for a good cause.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5245-013-027
Land Assessment
$1,104,080
Improvements Assessment
$2,955,038
Total Assessment
$4,059,118
  • Listing ID: 18955690

  • Date on Market: 3/23/2020

  • Last Updated:

  • Address: 1239 S Atlantic Blvd, Los Angeles, CA 90022

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