Little Tokyo Hotel | 325-329 E 1st St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Little Tokyo Hotel 325-329 E 1st St
38 Room Hotel Los Angeles, CA 90012 $5,250,000 ($138,158/Room)
Investment Highlights
- Located in the heart of the historic Little Tokyo Neighborhood
- Value-Add Opportunity
- PRICED TO SELL
- Long-term Established Property
- Multiple Revenue Streams
Executive Summary
PRICED TO SELL.
The Little Tokyo Hotel is an established hospitality property located in the heart of the historic Little Tokyo neighborhood in Los Angeles.
This three-story property boasts a total area of approximately 14,100 sq. ft. and features 38 guest rooms on the second and third floors. The rooms come equipped with shared bathroom and shower facilities, and guests have access to a communal kitchen and laundry room. On the first floor, there are two well-known restaurants, Marugame Monzo and Daikokuya, which add to the charm and convenience of
the hotel.
Currently, 13 of the 38 guest rooms are occupied by long-term guests(known as 13 SRO Rooms), providing a steady source of income.
However, operating the hotel as a traditional hospitality business could potentially generate even more income. In addition to the guest
rooms, there is one vacant retail space, which represents a promising income opportunity.
The presence of popular restaurants on the premises and an available retail space further enhances the potential profitability of this investment opportunity.
The Little Tokyo Hotel is an established hospitality property located in the heart of the historic Little Tokyo neighborhood in Los Angeles.
This three-story property boasts a total area of approximately 14,100 sq. ft. and features 38 guest rooms on the second and third floors. The rooms come equipped with shared bathroom and shower facilities, and guests have access to a communal kitchen and laundry room. On the first floor, there are two well-known restaurants, Marugame Monzo and Daikokuya, which add to the charm and convenience of
the hotel.
Currently, 13 of the 38 guest rooms are occupied by long-term guests(known as 13 SRO Rooms), providing a steady source of income.
However, operating the hotel as a traditional hospitality business could potentially generate even more income. In addition to the guest
rooms, there is one vacant retail space, which represents a promising income opportunity.
The presence of popular restaurants on the premises and an available retail space further enhances the potential profitability of this investment opportunity.
Data Room Click Here to Access
Property Facts Under Contract
| Price | $5,250,000 | Building Size | 14,100 SF |
| Price Per Room | $138,158 | No. Rooms | 38 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1900 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.14 AC |
| Price | $5,250,000 |
| Price Per Room | $138,158 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 14,100 SF |
| No. Rooms | 38 |
| No. Stories | 3 |
| Year Built | 1900 |
| Corridor | Interior |
| Opportunity Zone |
Yes |
Amenities
- Business Center
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 38 | $41.00 | - |
1 of 1
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 5161-012-013 | Improvements Assessment | $1,569,462 |
| Land Assessment | $543,273 | Total Assessment | $2,112,735 |
PROPERTY TAXES
Parcel Number
5161-012-013
Land Assessment
$543,273
Improvements Assessment
$1,569,462
Total Assessment
$2,112,735
zoning
| Zoning Code | C-4, Los Angeles (For more information, https://zimas.lacity.org/) |
| C-4, Los Angeles (For more information, https://zimas.lacity.org/) |
1 of 15
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Little Tokyo Hotel | 325-329 E 1st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.