451 E Vernon, Los Angeles, CA 90011

$3,900,000

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List Agent Pankaj Patel () T.N.G. Real Estate Consultants; CoList ()

List Price
$3,900,000
Status
ACTIVE
MLS#
RS26066273
Year Built
1963
Lot Size
4,800
Lot Location
Level
Days on Market
136
Property Type
Commercial
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.

Additional Information

Appliances
Washer
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.