611 S Westlake Ave - Hospitality FOR SALE


Los Angeles, CA 90057- MacArthur Park
$47,200,000 USD
626-237-2178
611 S Westlake Ave, Los Angeles, CA for Sale
$47,200,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

611 S Westlake Ave
Los Angeles, CA 90057
MacArthur Park


HIGHLIGHTS

  • This hotel is operating in its full capacity.

OVERVIEW

Kotai Realty is pleased to present this investment opportunity at 611 S Westlake Ave Los Angeles CA 90057 Business and real estate together. Owner is retiring from the business. There is still 11 years of franchise contract remains with Holiday Inn Express, which is owned by InterContinental Hotels Group (IHG). This hotel is operating in its full capacity. It made approximately gross 3.9 million (2025) 3.96 million (2023) 3.94 million (2022). Their average daily rate is approximately $180, occupancy rate is approximately 80%.

FOR SALE DETAILS

PRICE

$47,200,000 USD

PRICE/SF

$971 USD /SF

# OF ROOMS

80

PRICE/ROOM

$590,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Los Angeles

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1993

PARKING SPACES

79

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,457 SF

ZONING

LAC1

APN/PARCEL ID

5141-001-034

ASK ABOUT THIS PROPERTY

Curt WangKoTai RealtyMore Info
626-237-2178

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

Curt WangKoTai RealtyMore Info
626-237-2178

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