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Signal Hill Motel 3101 E Pacific Coast Hwy

16 Room Hotel Signal Hill, CA 90755 $2,800,000 ($175,000/Room)

Investment Highlights

  • Completely remodeled 16 unit motel
  • 15 minutes drive to the beach
  • Located on a large lot of 11,000 square feet
  • Private Motel Manager quarters

Executive Summary

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, Acura Grand Prix, 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 guest, 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 making it a highly visible location. Motel is Turn-Key. Located on a large lot of 11,000 square feet which is ideal for future development for housing or commercial. Other motels in Signal Hill have been sold and developed into housing unit, this is a great investment opportunity.

Property Facts

Price $2,800,000
Price Per Room $175,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.25 AC
Building Size 3,038 SF
No. Rooms 16
No. Stories 1
Year Built 1950
Tenancy Single
Parking Ratio 5.27/1,000 SF
Corridor Exterior

Amenities

  • Wheelchair Accessible

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 16 $100.00 -
Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7217-014-010
Land Assessment
$669,223
Improvements Assessment
$490,279
Total Assessment
$1,159,502

zoning

Zoning Code SHCG* (commercial professional)
SHCG* (commercial professional)
  • Listing ID: 28149827

  • Date on Market: 4/5/2023

  • Last Updated:

  • Address: 3101 E Pacific Coast Hwy, Signal Hill, CA 90755

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