The property is currently for sale AS-IS at $13.5 million and is a vacant former motel with 46-rooms and a 2 bedroom management apartment that has been approved for single occupancy residential; all rooms have been renovated accordingly for this use. Continued use as a motel is not part of the future plans. The studio units are versatile, and the project can be considered ideal for: Student Housing, Assisted Living Facility, Rehabilitation Center, Subsidized or Affordable Housing, Short-Term Rentals, Micro-Apartments, Transitional Housing, Artist Lofts, Micro Retirement Community, Extended Stay Accommodation, Vacation Rentals, Training or Educational Campus and more. Each unit includes a bathroom, kitchenette, and is fully furnished. As noted in the brochure, the planned rental income stream is designed around full-service, all-inclusive rents. While recently approved and furnished for single-occupancy use, the property is also poised for alternative transformation pursuant to the City’s Housing Element, which identifies the site for other residential redevelopments. A full residential rezone is actively in progress, with implementation anticipated by Spring 2026, allowing for a redevelopment up to 28 residential units at a density of 50 dwelling units per acre (du/ac). *Any alternative use must be confirmed by the buyer*