Lee & Associates Los Angeles West, Inc. has been exclusively retained to offer for sale the fee simple interest in the Cara Hotel (the "Property" or "Hotel"), a recently repositioned, award-winning 60-key boutique hotel with a critically acclaimed on-site restaurant, Cara Restaurant.
Nestled in the foothills of Griffith Park in the heart of Los Feliz — one of Los Angeles' most sought-after neighborhoods, adjacent to Silver Lake and minutes from Hollywood — the Hotel embodies a deep connection to the spirit of California through thoughtful design, breezy patios, and private courtyard balconies that blur the line between indoor and outdoor living.
The Property underwent a comprehensive $17.8 million renovation ($297K per key) that took the asset down to the studs before reopening in September 2020 as a premier luxury-lifestyle destination. Since reopening, the Hotel has earned significant accolades and press coverage, establishing itself as a standout among LA's independent boutique offerings.
The Hotel benefits from exceptional proximity to major leisure and corporate demand generators, including the Hollywood Bowl, the Greek Theatre, Crypto Arena (headquarters venue for the 2028 Olympics), and the global entertainment capital of Hollywood, along with a dense concentration of top-tier dining, retail, and cultural destinations.
Los Angeles is entering an unprecedented stretch of marquee events over the next three years: NBA All-Star Weekend (2026), the FIFA World Cup (2026), the Super Bowl (2027), and the Summer Olympics (2028). In anticipation, the city is investing heavily in infrastructure — including a $15.0 billion LAX modernization project and a significant expansion of the Los Angeles Convention Center — positioning the market for a sustained surge in visitor demand.
This fully unencumbered, non-union offering represents a compelling opportunity to acquire a fully renovated luxury boutique asset in a supply-constrained submarket with meaningful value-add upside.