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Signal Hill Motel 3101 E Pacific Coast Hwy 16 Room Hotel Signal Hill, CA 90755 $3,877,748 CAD ($242,359 CAD/Room)

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INVESTMENT HIGHLIGHTS

  • Completely remodeled 16 unit motel
  • 15 minutes drive to the beach
  • Located on a large lot of 11,000 square feet
  • Private Motel Manager quarters

EXECUTIVE SUMMARY

Completely remodeled 16 unit motel located in Signal Hill, bordering to Long Beach with a wide variety of activities and festivals, 15 minutes drive to the beach, Long Beach Convention Center, Long Beach Airport, golf courses, Acura Grand Prix, short distance to Disneyland, and Los Angeles Downtown. All rooms have been remodeled, new exterior paint, motel sign, repaved parking lot, security lights, new upgraded service panels, roof, rain gutters, newer furniture, all new hardwood floors, plenty of parking for guest, close to restaurants, entertainment and freeways. Private motel manager quarters with bedroom, bath, living room, kitchen, dining area, secured check in area, private laundry area for managers, ATM machine and soft drink machine. Located right on Pacific Coast Highway making it a highly visible location. Motel is Turn-Key. Located on a large lot of 11,000 square feet which is ideal for future development for housing or commercial. Other motels in Signal Hill have been sold and developed into housing unit, this is a great investment opportunity.

PROPERTY FACTS

Price $3,877,748 CAD
Price Per Room $242,359 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.25 AC
Building Size 5,038 SF
No. Rooms 16
No. Stories 1
Year Built 1950
Tenancy Single
Parking Ratio 3.18/1,000 SF
Corridor Exterior
Zoning SHCG* - commercial professional

AMENITIES

  • Wheelchair Accessible

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 16 $138.49 CAD -
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7217-014-010
Land Assessment
$737,681 CAD
Improvements Assessment
$577,609 CAD
Total Assessment
$1,315,291 CAD
  • Listing ID: 28149827

  • Date on Market: 2023-04-05

  • Last Updated:

  • Address: 3101 E Pacific Coast Hwy, Signal Hill, CA 90755

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