Western Hospitality Group acquired The Metric, a 28-key midscale boutique hotel at 285 Lucas Ave. in Los Angeles, for $9.25 million, or about $330,360 per key — the highest per-room price recorded among hotel transactions in Los Angeles' central business district in the past 12 months. The area's trailing average price was roughly $116,000 per room.
Western Hospitality Group buys boutique LA hotel
The Metric trades at $330,000 per key, a high-water mark for downtown Los Angeles
By Aaron Tamblyn with
May 21, 2026 | 9:10 P.M.
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IN THIS ARTICLE
- Properties
- The Metric
285 Lucas Ave, Los Angeles, CA
- Companies
- Western Hospitality Group, Inc.
Accommodation and Food Services
- Contacts
- Eddy Nevarez
First Vice President of Investments, Marcus & Millichap