$2,450,000
$2,680,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
0.45 Acres Lot
SOLD DATE : 03/28/2014
Key Details
Sold Price $2,450,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CC332066
Sold Date 03/28/14
HOA Y/N No
Year Built 1935
Lot Size 0.450 Acres
Property Description
The L`Orchard Inn is one of Los Angeles` most distinctive motel. Wonderful layout and location. Beautiful suites offer privacy & convenience. Property was upgraded in 2010 which now features brand new meters, electrical, plumbing, appliances & fixtures, flooring, landscaping. All units are wired for cable, phone, and internet. Total 12 units with various floor-plans. Manager unit is separate from the 12 units. All units have a full kitchen with granite countertops and appliances. Truly ONE OF A KIND! Excellent investment opportunity. Sale includes active motel business license, occupancy certificate, and all existing furniture, fixtures, and equipments. May be eligible for EB-5 program.. Comments Title: The L`Orchard Inn.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALCPD
Interior
Fireplace No
Building
Lot Description Sprinkler System
Story 1
Others
Tax ID 5351010005
Security Features Security System
Special Listing Condition Standard
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Bought with Wei Liu • Long Dragon Realty Group, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "