$3,900,000
The Vernon Motel presents a rare opportunity to acquire a 14-unit motel with (8-rooms with 2-beds and 6 rooms singles beds) property -two contiguous parcels in South Los Angeles, the sale includes APN:5113-015-007 and 5113-015-006, with frontage on Vernon Blvd, and includes approx 2200+ sq house. LAC2 zoned asset is strategically located near major industrial and employment corridors surrounded by highly dense populations and could appeal to hospitality investors, owner-users, and value-add operators. Surrounded by neighborhood retail, local services, entertainment venues, Downtown Los Angeles, and all major freeways 10,110 and 101.
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Listed by Pankaj Patel with T.N.G. Real Estate Consultants (714) 987-3310
Property Type
Hotel/Motel
Status
Active
MLS Number
RS26066273
Year Built
1963
Lot Size
4,800 sq ft