$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.
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
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