$7,300,000

Future exceptional development opportunity! The one and only designated "Thai Town" in the United States, located in the heart Thai Town Hollywood. The two story commercial building, situated on a 14,575 sqft. parcel land. Dimension 68 X 215, zoned LAC2. Currently an operating motel with 25 guest rooms + manager unit, nearby the famous Thai Plaza. Amenities and Highlights include the Hollywood/Western Metro Station, Hollywood Bowl, Griffith Observatory, Sunset Bronson Studios, Netflix, and many famous thai cuisine restaurants and bars. Lastly, one of the biggest developments nearby is the most anticipated Hollywood Sunset Target recently opened, covering 143,000 sqft. retail space. Currently with over 35 developments underway or in planning stages in Hollywood, ranging from Hotels, Mixed-use Buildings, Retails and Offices. This opportunity will not last!