Properties
Los Angeles, CA 90011 451 E Vernon
$3,900,000
65 more
Presented By: Pankaj Patel with T.N.G. Real Estate Consultants; 323-317-6338
SQFT • 3,352
Home Details
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.
Presented By: Pankaj Patel with T.N.G. Real Estate Consultants; 323-317-6338
Interior Features for 451 E Vernon
Other Interior Features
LivingAreaSourceAssessor
Total Stories2
Other Rooms
Entry Level1
General for 451 E Vernon
Additional Parcels Description5113-015-006
Additional Parcels Y/NYes
AppliancesWasher
Building Area UnitsSquare Feet
Business TypeHotel/Motel
CityLos Angeles
CountyLos Angeles
Current UseCommercial
DirectionsCross Streets: CENTRAL/ VERNON AVE.
Land Lease Y/NNo
Lease Considered Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet4800
Lot Size UnitsSquare Feet
MLS AreaC23 - Metropolitan
Occupancy TypeOwner
PostalCityLOS ANGELES
Property Sub Type AdditionalHotel/Motel
Property SubtypeHotel/Motel
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1963
Year Built SourceAssessor
Exterior for 451 E Vernon
Building Area Total3352
Lot FeaturesLevel
Lot Size Acres0.1102
Lot Size Area4800
Lot Size SourceAssessor
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
