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$2,800,000
Est. payment /mo
0.25 Acres Lot
UPDATED:
09/30/2024 06:45 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW23055855
HOA Y/N No
Year Built 1950
Lot Size 0.252 Acres
Property Description
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, ANNUALE GRAND PRE, 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 GUESTS, 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 VERY HIGHLY VISIBLE LOCATION.
MOTEL IS TURN KEY, LOCATED ON A LARGE LOT 11,000 SQ FT IDEAL FOR FUTURE DEVELOPMENT FOR HOUSING OR COMMERCIAL. OTHER MOTELS IN SIGNAL HILL HAVE BEEN SOLD AND DEVELOPED INTO HOUSING UNITS GREAT INVESTMENT OPPORTUNITY.
4 ROOMS HAVE 2 BEDROOMS WITH TWO BEDS, 4 ROOMS ARE KING SIZE BEDS REST ARE QUEEN SIZE
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 GUESTS, 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 VERY HIGHLY VISIBLE LOCATION.
MOTEL IS TURN KEY, LOCATED ON A LARGE LOT 11,000 SQ FT IDEAL FOR FUTURE DEVELOPMENT FOR HOUSING OR COMMERCIAL. OTHER MOTELS IN SIGNAL HILL HAVE BEEN SOLD AND DEVELOPED INTO HOUSING UNITS GREAT INVESTMENT OPPORTUNITY.
4 ROOMS HAVE 2 BEDROOMS WITH TWO BEDS, 4 ROOMS ARE KING SIZE BEDS REST ARE QUEEN SIZE
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Sewer Connected
Building
Lot Description Corner Lot
Water Public
Others
Tax ID 7217014010
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard, Trust
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Listed by Naush Lalani • Naush Lalani, Broker • 562-900-1891
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935