$2,800,000
About this home
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
Facts & features
- Laundry
- None
- Lot size
- 0.252 acres (10,981 sq ft)
- Year built
- 1950
- Area
- 8 - Signal Hill
- County
- Los Angeles
- Status
- Active
- Property type
- Hotel Motel
- Days on market
- 1078
- Listed
- 2023-04-03
- Original price
- $3,200,000
- Terms
- Cash, Cash To New Loan
- Parcel #
- 7217014010
- MLS #
- PW23055855
