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$2,800,000

Est. payment - /mo

0.25 Acres Lot

Active

3101 E Pacific Coast Signal Hill, CA 90755

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

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 Sub-Type Hotel/Motel

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

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

Virtual Tour https://www.youtube.com/watch?v=vAOZ7JVRJnw

Listed by Naush Lalani Naush Lalani, Broker 562-900-1891

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