339 1/2 N Brand Blvd | Glendale, CA 91203
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- LoopNet Team
339 1/2 N Brand Blvd
Glendale, CA 91203
Brand Plaza Hotel · Hospitality Property For Sale · 20,000 SF
Investment Highlights
- Hotel Brandwood, an independent upper midscale hotel, features 38 rooms, restaurant, and retail units with strong historic and projected cash flow.
- Rare chance to acquire a property in a high barrier to entry market in the greater Los Angeles metro with substantial upside potential.
- Value-add opportunity through renovations of ground floor restaurant and retail space with a property unencumbered by brand or management.
- Glendale, located just outside Downtown Los Angeles, is a high barrier market offering excellent attractions and demand generators.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 20,000 SF |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1924/2020 |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.18 AC |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 20,000 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1924/2020 |
| Corridor | Interior |
Amenities
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 5643-020-056 | Improvements Assessment | $7,334,500 |
| Land Assessment | $1,050,000 | Total Assessment | $8,384,500 |
PROPERTY TAXES
Parcel Number
5643-020-056
Land Assessment
$1,050,000
Improvements Assessment
$7,334,500
Total Assessment
$8,384,500
zoning
| Zoning Code | Downtown Specific Plan (The Alex Theatre district focuses on entertainment activities, restaurants, retail businesses, and pedestrian-oriented activities.) |
| Downtown Specific Plan (The Alex Theatre district focuses on entertainment activities, restaurants, retail businesses, and pedestrian-oriented activities.) |
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