A boutique Apartment Hotel in the heart of Venice, The Rose Hotel is half a block from the beach. The historic building had been used as a section 8 apartment tenancy when the new owners took possession of the property. Over two years and extensive work with LADBS, our team was able to retroactively entitle the building back to its historic designation as an Apartment Hotel which unlocked its full development potential. Approved building plans created the pathway for the property to be upgraded with modern amenities thus allowing this one of a kind boutique property to sell at more than 200% its purchase price in 36 months.