339 1/2 N Brand Blvd
Glendale, CA 91203

DO NOT DISTURB TENANT by visiting the property. Please contact Agent to discuss tours of the property. Marcus & Millichap is pleased to present this exclusive investment opportunity for your consideration. Hotel Brandwood is located in the heart of Glendale, California. This well-established property offers 38 air-conditioned rooms in an art deco building dating from 1924. The approximately 21,000 square-foot property, is located 10 miles north of downtown Los Angeles. The property features approximately 8,481 square-feet* of ground floor retail space that is currently vacant (*including 1,500 square-feet unpermitted mezzanine). Well-designed guest rooms with Drexel Heritage birdseye maple armoires with brass details, elegant brass lamps, feature flat screen TVs, plus coffeemakers and minibars. Local demand generators include the Americana at Brand outdoor shopping mall (less than one mile), downtown Los Angeles (10-miles), Warner Brothers Studio (6-miles), Universal Studios Hollywood (8-miles), downtown Burbank (5-miles), and Bob Hope Airport Burbank (10-miles). The analysis assumes an estimated renovation budget of $1,000,000 - 3,000,000, which includes adding an elevator, building out the restaurant space & creating a ground-floor lobby. This total investment opportunity of $13,990,000 - $15,000,000 offers tremendous upside for higher room rates. The financial analysis displays both the property’s as-is operations as well as a pro forma estimate of the return potential upon renovation. (Please note the Hotel is approximately 15,000 SF of the estimated 21,000 SF)