Paradise - Lodge | 20128 Roscoe Blvd
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Paradise - Lodge 20128 Roscoe Blvd
58 Room Hotel Canoga Park, CA 91306 $10,000,000 ($172,414/Room)
Investment Highlights
- Minutes from Warner Center, Woodland Hills and Downtown Los Angeles
- Limited Area Competition
- Current Market Trend Report shows significant upside in RevPAR potential
- Branding Opportunities
Executive Summary
Atlas Hospitality Group is proud to present the Paradise Lodge Canoga Park with 58 guestrooms, spread across a “C-Shaped” exterior corridor building for the first time on market. The property has a pool area space and the potential to easily add a large manager’s/owner space. There is an existing one bedroom and two bath manager's unit.
The subject is minutes from major income generators and benefits from limited competition.
Guestroom features include one & two bed configurations, flat-screen televisions, microwaves, mini-refrigerators, free wireless internet access, workstations with desk and chair and alarm clocks. Heating and cooling in the rooms are provided by individual PTAC units.
The subject is minutes from major income generators and benefits from limited competition.
Guestroom features include one & two bed configurations, flat-screen televisions, microwaves, mini-refrigerators, free wireless internet access, workstations with desk and chair and alarm clocks. Heating and cooling in the rooms are provided by individual PTAC units.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $10,000,000 | Building Size | 28,306 SF |
| Price Per Room | $172,414 | No. Rooms | 58 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1990 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.94/1,000 SF |
| Lot Size | 0.67 AC | Corridor | Exterior |
| Price | $10,000,000 |
| Price Per Room | $172,414 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 28,306 SF |
| No. Rooms | 58 |
| No. Stories | 3 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 1.94/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $122.00 | - |
| Guest Room | 56 | $112.00 | - |
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PROPERTY TAXES
| Parcel Number | 2107-001-021 | Total Assessment | $3,209,192 |
| Land Assessment | $1,009,717 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $2,199,475 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
2107-001-021
Land Assessment
$1,009,717
Improvements Assessment
$2,199,475
Total Assessment
$3,209,192
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | LAC1 |
| LAC1 |
-
Robert Feist -
Atlas Hospitality Group
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Paradise - Lodge | 20128 Roscoe Blvd
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