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LA STREET

ADDRESS501 S. Los Angeles Street, and 116 and 121 E. 5th Street, Los Angeles St, LA, CA
OVERVIEW418 Residential Units
CATEGORIESResidential

Originally built as hotels, the properties are now operated as single room occupancy and studio apartments. The buildings feature artisan ironwork, marble masonry, impressive lobby entries with grand pillars, and building exterior cornices. Value add potential exists through unit and common area renovations, enhancement of the income-producing ground level retail space, and potential commercial activation of the lobby and basement space.

With an outstanding Walk Score of 97, the properties are proximate to an impressive array of Los Angeles’ best restaurants, coffee shops and trendy bars. Downtown CBD employment, civic buildings, Metro transit, Pershing Square and cultural and entertainment destinations are all nearby.

The Historic Core and surrounding Downtown Los Angeles neighborhoods – including South Park, the Arts District, Chinatown, Bunker Hill & Grand Avenue, and the Civic Center have benefitted from over $24 billion of transformational investment since 1999.

For more information regarding this property, contact us.

All 18 /HOSPITALITY 2 /OFFICE 4 /RESIDENTIAL 11 /RETAIL 14

PANORAMA TOWER

HOTEL ALEXANDRIA

CORPORATION BUILDING

HAYWARD APARTMENTS

SPRING TOWER LOFTS

PREMIERE TOWER LOFTS

CITY LOFTS

ALEXANDRIA BALLROOMS

211 ALPINE

CAPRI WEST

3900 WEST CENTURY HOTEL

5900 SEPULVEDA

WALL STREET PLAZA

THE RIALTO

THE SECURITY BUILDING (SOLD)

LA STREET (SOLD)

BROADWAY @ 4TH (SOLD)

HOTEL BRISTOL (SOLD)

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SHOMOF GROUP

The first in adaptive reuse ordinance.
Advancing culture while preserving history.

CONTACT US

213.623.3800
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LATEST PROJECTS

  • SEARS MAIL ORDER DISTRICT
  • PANORAMA TOWER
  • 211 ALPINE
© Copyright - Shomof Group
BROADWAY @ 4TH (SOLD) THE SECURITY BUILDING (SOLD)
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