1749 W Valley Blvd - Hospitality FOR SALE


Alhambra, CA 91803
$3,800,000 USD
818-334-2111
1749 W Valley Blvd, Alhambra, CA for Sale
$3,800,000 USD
Hospitality - FOR SALE
1/16
null | 10% Cap Rate

1749 W Valley Blvd
Alhambra, CA 91803


OVERVIEW

Value-Add Opportunity Under-optimized asset with potential to increase rents and improve NOI through better management Covered Land Play Includes ~6,000 SF vacant lot, creating additional upside beyond existing income Flexible Zoning (ALCPD) Allows for redevelopment, expansion, or alternative use strategies Prime Infill Location Positioned on Valley Blvd with strong visibility and access to the 710 Freeway Strong Demographics High-density area with ~$100K average household income within 1 mile Existing Income Stream 19-unit property including manager’s unit provides immediate cash flow Well-Maintained Asset Minimizes near-term CapEx and allows focus on value creation Multiple Exit Strategies Stabilize & refinance, reposition, redevelop, or sell as improved asset High Barrier-to-Entry Market Los Angeles infill location with limited new supply supports long-term appreciation

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$560 USD /SF

# OF ROOMS

20

PRICE/ROOM

$190,000 {currency}

CAP RATE

10%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lanai Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1957

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

CPD, Alhambra

APN/PARCEL ID

5350-031-022

ASK ABOUT THIS PROPERTY

Majid RadaeiRad Commercial RealtyMore Info
818-334-2111

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Majid RadaeiRad Commercial RealtyMore Info
818-334-2111

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