1503 E 1st St - Hospitality FOR SALE


Santa Ana, CA 92701- Saddleback View
$9,500,000 USD
626-203-8868
1503 E 1st St, Santa Ana, CA for Sale
$9,500,000 USD
Hospitality - FOR SALE
1/24
null | Request Cap Rate

1503 E 1st St
Santa Ana, CA 92701
Saddleback View


HIGHLIGHTS

  • The property is eight miles from Disneyland Park, one of the most popular theme parks in the world.
  • Great location on a high traffic street, just off I-5 and six miles from John Wayne Airport.
  • Guest rooms offer convenience, privacy, and home-like atmosphere with “front doors” to the outside.

OVERVIEW

El Cortez Lodge (the “Property”) is a 60-room independent motel located in Santa Ana, CA, along Interstate 5 and less than 10 miles from Disneyland Park and John Wayne Airport. The Property offers investors a unique redevelopment opportunity.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$389 USD /SF

# OF ROOMS

60

PRICE/ROOM

$158,333 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

El Cortez Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1969

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

C2

APN/PARCEL ID

398-431-25

ASK ABOUT THIS PROPERTY

Frank ChangIRN RealtyMore Info
626-203-8868

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Frank ChangIRN RealtyMore Info
626-203-8868

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.