1256 W 7th St | Los Angeles, CA 90017
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This Hospitality Property is no longer advertised on LoopNet.com.
1256 W 7th St
Los Angeles, CA 90017
The Mayfair Hotel · Hospitality Property For Sale
·
160,694 SF

INVESTMENT HIGHLIGHTS
- Major Gateway Market (Los Angeles)
- Major Renovation Completed / Only Superficial Value-Add Required - $37 million renovation completed from 2018 to 2019
- Fee Simple, Unencumbered by Management or Brand, Non-Union
- Discount to Replacement Cost - Low Basis ($237k/room) for Major Metro Market
- Irreplaceable 1926 Building & Renaissance Revival Architecture
- Positive Market Trends - Downtown Hotel Market Improving Rapidly
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 15 |
| Property Subtype | Hotel | Year Built | 1926 |
| Building Class | B | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 0.85 AC | Corridor | Interior |
| Building Size | 160,694 SF | ||
| Zoning | C4(CW)-Commercial - Commercial, subject to the Central City West Specific Plan. | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.85 AC |
| Building Size | 160,694 SF |
| No. Stories | 15 |
| Year Built | 1926 |
| Parking Ratio | 1.14/1,000 SF |
| Corridor | Interior |
| Zoning | C4(CW)-Commercial - Commercial, subject to the Central City West Specific Plan. |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Wedding Venue
- Fully-Equipped Kitchen
LINKS
PROPERTY TAXES
| Parcel Number | 5143-012-900 | Improvements Assessment | $0 |
| Land Assessment | $6,036,412 | Total Assessment | $6,036,412 |
PROPERTY TAXES
Parcel Number
5143-012-900
Land Assessment
$6,036,412
Improvements Assessment
$0
Total Assessment
$6,036,412
Listing ID: 26660036
Date on Market: 9/18/2022
Last Updated:
Address: 1256 W 7th St, Los Angeles, CA 90017
The City West Hospitality Property at 1256 W 7th St, Los Angeles, CA 90017 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
HOSPITALITY PROPERTIES IN NEARBY NEIGHBORHOODS
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