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$ 3,900,000
Est. payment /mo
Active
451 E Vernon Los Angeles, CA 90011
4,800 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS26066273
HOA Y/N No
Year Built 1963
Lot Size 4,800 Sqft
Property Sub-Type Hotel/Motel
Property Description
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.
Location
State CA
County Los Angeles
Area C23 - Metropolitan
Interior
Fireplace No
Appliance Washer
Exterior
Present Use Commercial
Building
Lot Description Level
Story 2
Water Public
Others
Tax ID 5113015007
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Pankaj Patel T.N.G. Real Estate Consultants 323-317-6338, DRE #01923499
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