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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 | Building Size | 3,038 SF |
Price Per Room | $175,000 | No. Rooms | 16 |
Sale Type | Investment | No. Stories | 1 |
Property Type | Hospitality | Year Built | 1950 |
Property Subtype | Hotel | Tenancy | Single |
Building Class | C | Parking Ratio | 5.27/1,000 SF |
Lot Size | 0.25 AC | Corridor | Exterior |
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)
PROPERTY TAXES
Parcel Number | 7217-014-010 | Improvements Assessment | $490,279 |
Land Assessment | $669,223 | Total Assessment | $1,159,502 |
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) |
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Right Choice Realty
Signal Hill Motel | 3101 E Pacific Coast Hwy
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