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

PROPERTY FACTS
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
Parcel Number | 5245-013-027 | Improvements Assessment | $2,897,097 |
Land Assessment | $1,082,432 | Total Assessment | $3,979,529 |
ZONING
Zoning Code | LCC3* (Commercial) |
Listing ID: 18955690
Date on Market: 3/23/2020
Last Updated:
Address: 1239 S Atlantic Blvd, Los Angeles, CA 90022
The Hospitality Property at 1239 S Atlantic Blvd, Los Angeles, CA 90022 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.