I own a small commercial building in Culver City that is fully entitled for conversion into a 7-room boutique micro-hotel. The change of use was approved in September, and the project is ready to build — the hardest parts of a conversion, buying right and getting the entitlement, are already done.

I'm a licensed general contractor (CSLB #1116399) and a hotel operator: 14 years running PodShare, a small hostel group across California. I bought the building in January 2022, I have over $400,000 of my own money in it, and I'll build it with my own crew at cost.

I'm looking for one joint venture partner to bring the construction capital — the budget is approximately $500K. I bring the property, the entitlement, the build, and 14 years of operations plus existing reservation infrastructure.

The bigger idea is a repeatable model: buy small underused office/retail, convert to 6–10 room micro-hotels, stabilize, refinance, repeat. Culver City is deal one and stands on its own — and a partner who performs here is the first person I call on the next one.

If that sounds like you, reply here or message me and I'll email you the deck and walk you through the numbers. If you're local, I'm happy to do a site walk.

— Elvina