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800 E 7th Street, Los Angeles, CA 90021

Commercial property

800 E 7th Street, Los Angeles, CA 90021 Sold June 2025 CRMLS
$1,700,000Sold June 2025

Listing Agent: Michael R. Fukushima (DRE #01380445) · Listing Office: Keller Williams Los Angeles · Contact: 213-797-7000 · Bought with: Michael R. Fukushima · Keller Williams Los Angeles · MLS #24439353 · Source: CRMLS

22,368
Building Sq Ft
11.50%
Cap Rate
$243,283
NOI
7,883 sqft
Lot Size
1912
Year Built
LAM2
Zoning
Commercial property
Type

About this commercial property

800 E 7th St. is an early 20th century Single-Room Occupancy (SRO) hotel in Downtown Los Angeles, significant for its association with the city's Chinese American community. Built in 1912, the Continental Hotel provided low-cost accommodations to Chinese American laborers who were employed in the produce industry nearby. Currently the property is being operated as 67 Unit SRO with 7 retail store fronts street level. With a Walk Score of 91 out of 100. This location is a Walker's Paradise so daily errands do not require a car. Investing in real estate in Skid Row offers a unique opportunity for those looking to make a meaningful impact while pursuing potential financial returns. As one of the most historically significant yet underserved areas in the city, Skid Row is undergoing a transformative phase with various redevelopment and revitalization projects

Listing description from the June 2025 sale, as reported to CRMLS.

Sale history

$1,700,000
Sold June 2025 · listed $2,250,000, orig. $3,500,000, on market September 2024 · MLS #24439353 · Source: CRMLS
Listing Agent: Michael R. Fukushima · Listing Office: Keller Williams Los Angeles · Contact: 213-797-7000 · Bought with: Michael R. Fukushima · Keller Williams Los Angeles
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