1256 W 7th St | Los Angeles, CA 90017
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- LoopNet Team
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 |
| 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 |
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
zoning
| Zoning Code | C4(CW)-Commercial (Commercial, subject to the Central City West Specific Plan.) |
| C4(CW)-Commercial (Commercial, subject to the Central City West Specific Plan.) |
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