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220 S Alvarado St
Los Angeles, CA 90057
Royal Viking Motel · Hospitality Property For Sale
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47 Rooms
Executive Summary
The building was completely gut remodeled in 2024, including 21 newly constructed units; all 59 residential units are registered and legal with the LA Housing Department. A modern, low-capex asset with strong curb identity anchored by the iconic Royal Viking signage.
Property Facts
| Price Per Room | $389,140 CAD | Building Size | 17,430 SF |
| Sale Type | Investment | No. Rooms | 47 |
| Cap Rate | 6.68% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1955/1963 |
| Property Subtype | Hotel | Parking Ratio | 0.57/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.91 AC | ||
| Zoning | LAC2 - Neighborhood Commercial | ||
| Price Per Room | $389,140 CAD |
| Sale Type | Investment |
| Cap Rate | 6.68% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.91 AC |
| Building Size | 17,430 SF |
| No. Rooms | 47 |
| No. Stories | 2 |
| Year Built/Renovated | 1955/1963 |
| Parking Ratio | 0.57/1,000 SF |
| Corridor | Exterior |
| Zoning | LAC2 - Neighborhood Commercial |
Amenities
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 47 | $153.36 CAD | - |
Property Taxes
| Parcel Number | 5154-020-038 | Improvements Assessment | $1,154,068 CAD |
| Land Assessment | $11,540,699 CAD | Total Assessment | $12,694,767 CAD |
Property Taxes
Parcel Number
5154-020-038
Land Assessment
$11,540,699 CAD
Improvements Assessment
$1,154,068 CAD
Total Assessment
$12,694,767 CAD
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