220 S Alvarado St - Hospitality FOR SALE


Los Angeles, CA 90057- Westlake North
$12,999,000 USD
310-903-0222
220 S Alvarado St, Los Angeles, CA for Sale
$12,999,000 USD
Hospitality - FOR SALE
1/45
null | 6.68% Cap Rate

220 S Alvarado St
Los Angeles, CA 90057
Westlake North


OVERVIEW

The building was completely gut remodeled in 2024, including 21 newly constructed units; all 59 residential units are registered and legal with the LA Housing Department. A modern, low-capex asset with strong curb identity anchored by the iconic Royal Viking signage.

FOR SALE DETAILS

PRICE

$12,999,000 USD

PRICE/SF

$746 USD /SF

# OF ROOMS

59

PRICE/ROOM

$220,322 {currency}

CAP RATE

6.68%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Royal Viking Hotel & Apartments

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

LAC2

APN/PARCEL ID

5154-020-038

ASK ABOUT THIS PROPERTY

Logan AltmanAltman Apartments LLCMore Info
310-903-0222

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

Logan AltmanAltman Apartments LLCMore Info
310-903-0222

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