1717 S Vermont Ave - Hospitality FOR SALE


Los Angeles, CA 90006- Harvard Heights
$18,900,000 USD
626-237-2178
1717 S Vermont Ave, Los Angeles, CA for Sale
$18,900,000 USD
Hospitality - FOR SALE
1/35
null | Request Cap Rate

1717 S Vermont Ave
Los Angeles, CA 90006
Harvard Heights


OVERVIEW

This 40 units motel is located within the R-2 neighborhood conveniently located behind Vermont Avenue. This neighborhood has been using this motel since 1986. Before the COVID crisis the hotel was doing occupancy rate of 180% per year.

FOR SALE DETAILS

PRICE

$18,900,000 USD

PRICE/SF

$1,282 USD /SF

# OF ROOMS

40

PRICE/ROOM

$472,500 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vermont Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

LARD1.5

APN/PARCEL ID

5075-016-029

ASK ABOUT THIS PROPERTY

Curt WangKoTai RealtyMore Info
626-237-2178

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Curt WangKoTai RealtyMore Info
626-237-2178

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