Log In/Sign Up
Your email has been sent.
Vernon Motel 451 E Vernon Ave 14 Room Hotel Los Angeles, CA 90011 $3,835,272 CAD ($273,948 CAD/Room)
Executive Summary
The Vernon Motel presents a rare opportunity to acquire a 14-unit motel with (8 rooms with 2-beds and 6 rooms with king-size beds) property in South Los Angeles. The motel property (APN:5113-015-007) must be sold with a single-family home, approx 2000+ sq house, contiguous parcels APN: 5113-015-006 (Asking price $750,000), with frontage on Vernon Blvd. LAC2 zoned asset that 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.
Property Facts
| Price | $3,835,272 CAD | Building Size | 5,115 SF |
| Price Per Room | $273,948 CAD | No. Rooms | 14 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1910 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.19/1,000 SF |
| Lot Size | 0.23 AC | Corridor | Exterior |
| Zoning | LAC2 - Commercial | ||
| Price | $3,835,272 CAD |
| Price Per Room | $273,948 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 5,115 SF |
| No. Rooms | 14 |
| No. Stories | 2 |
| Year Built | 1910 |
| Tenancy | Single |
| Parking Ratio | 1.19/1,000 SF |
| Corridor | Exterior |
| Zoning | LAC2 - Commercial |
Amenities
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 14 | $116.43 CAD | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $772,257 CAD | |
| Land Assessment | $762,717 CAD | Total Assessment | $1,534,974 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$762,717 CAD
Improvements Assessment
$772,257 CAD
Total Assessment
$1,534,974 CAD
1 of 72
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Vernon Motel | 451 E Vernon Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.