The historic continental building and hotel conversion, currently a 13-floor apartment building located in the heart of historic downtown Los Angeles. The building’s 56 apartment units will be converted into a luxury 172-room, 4-4.5 star boutique hotel with a rooftop bar, ground floor restaurant and basement lounge. The Building is the tallest building in DTLA’s historic core, with 270-degree views that will never be blocked due to zoning overlay.
Permits for the conversion as well as tax credits are approved.
Investment Highlights:
- Unique opportunity to convert the historic continental building to a luxury boutique hotel with Marriott, Hilton or Hyatt franchise affiliation benefits.
- Located in downtown Los Angeles, the epicenter of business and tourism in southern California.
- Currently the property has 13 floors. The entire property was renovated in 2001.
