3206 W 8th St - Hospitality FOR SALE
Los Angeles, CA 90005 |
3206 W 8th St
Los Angeles, CA 90005
HIGHLIGHTS
- Rare opportunity to acquire a 51-room, luxury-boutique hotel and two retail spaces with liquor licenses in prime Koreatown, Los Angeles
- Turnkey investment opportunity that completed a full multi-million-dollar renovation in 2019/2020
- Iconic art-deco hotel featuring a unique mix of upscale rooms and suites, a beautiful lobby and common areas, and a trendy ground-floor restaurant
- Thoughtfully designed rooms including mid-century modern finishes, luxurious bathrooms, stunning brick & motif walls, new wood and tile floors, etc.
- Approximately 2,500 square feet of vacant retail/commercial space, allowing an opportunity to add value and additional income
- Additional income from the ground-floor restaurant space leased to the newly renovated H Café, one of Los Angeles’ most popular destinations
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
H Hotel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
26015
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1926
PARKING SPACES
38
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
LAC2
APN/PARCEL ID
5094-017-010
