8730 Artesia Blvd - Hospitality FOR SALE


Bellflower, CA 90706
$11,500,000 USD
562-505-6449
8730 Artesia Blvd, Bellflower, CA for Sale
$11,500,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

8730 Artesia Blvd
Bellflower, CA 90706


HIGHLIGHTS

  • Features an open-plan layout with generous open spaces and abundant natural light throughout the property, creating a welcoming environment.
  • Located along Artesia Boulevard with convenient access to major transportation routes and nearby retail and dining options.
  • Recently renovated and maintained in average-to-good condition, providing an updated lodging experience for guests.
  • Proximity to key transportation hubs, including Long Beach Airport (approximately 5.7 miles) and Los Angeles International Airport (approximately 19.4

OVERVIEW

Bellflower Red Roof Inn – Priced to Sell & Investment Opportunity This 63-room Red Roof Inn located at 8730 Artesia Boulevard, Bellflower, CA, is now available for sale and priced to sell. The property has been recently renovated, exceptionally well-maintained, and brought up to an average-to-good overall condition. Notably, the City of Bellflower is highly supportive of an adaptive reuse conversion for this property, opening up excellent potential for multi-family, affordable, or workforce housing redevelopment. Property Design & Layout: Building & Lot Size: The two-story, garden-style asset features exterior room corridors, spanning a 23,781 sq. ft. building situated on a spacious 1.46-acre lot. Parking & Access: The site offers two convenient driveways for effortless ingress/egress and features 100 marked parking stalls. Guest Room Features: Standard Amenities: Each of the 63 guest rooms comes equipped with a king-size bed, flat-screen TV, mini-fridge, microwave, and a full bathroom with a tub/shower combo. Specialty Inventory: The property includes three ADA-accessible rooms, along with six premium "Superior King" rooms outfitted with kitchenettes for extended stays (three of which include private jacuzzi tubs). Recent Upgrades & Improvements: Modern, durable vinyl wood flooring and elegant crown moldings. Upgraded granite countertops in bathrooms and living areas. Upgraded electronic card security locks for seamless guest access. This property is being sold strictly "as-is."

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$386 USD /SF

# OF ROOMS

63

PRICE/ROOM

$182,540 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn Los Angeles Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

105

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

CG

APN/PARCEL ID

7162-015-067

ASK ABOUT THIS PROPERTY

Gilbert MoralesTCB Real Estate ServicesMore Info
562-505-6449

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Gilbert MoralesTCB Real Estate ServicesMore Info
562-505-6449

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