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Property Detail

6310 S Figueroa St, Los Angeles, CA 90003, USA
Strategic location in an emerging market
$2,250,000

Description

INVESTMENT HIGHLIGHTS

  • Perfect for an owner-user
  •  
  • Value add opportunity
  •  
  • Recently finished a lease and is ready for new management to improve the business
  • Excellent housing opportunity
  •  

EXECUTIVE SUMMARY

Explore an exceptional investment opportunity with the New Gage Motel, ideally situated at 6310 S Figueroa St, Los Angeles, CA 90003-1026. This motel is perfectly positioned in one of Los Angeles' most vibrant areas, offering tremendous potential for investors. The hotel has 15 rentable rooms and a 2 bedroom manager quarter with living room and kitchen.
Property Highlights:
Strategic Location: The New Gage Motel enjoys a prime location in the bustling heart of Los Angeles. Situated on Figueroa Street, it benefits from high visibility and easy access, guaranteeing a continuous flow of guests.
Management: The New Gage Motel recently finished a lease and is ready for new management to improve the business.
Area Highlights:
The surrounding area of the New Gage Motel is a dynamic and culturally rich neighborhood. Here, guests can experience the authentic flavor of Los Angeles:
Cultural Diversity: The neighborhood reflects the cultural diversity that makes Los Angeles unique. Guests have the opportunity to immerse themselves in the vibrant tapestry of cultures and traditions.
Entertainment Hubs: Proximity to entertainment hubs, theaters, and music venues ensures that guests can easily access the city's nightlife and cultural events.
Dining Variety: From local eateries serving international cuisine to trendy cafes, guests can savor a wide range of culinary delights.
Shopping: Nearby shopping districts offer everything from boutique shops to major retail chains, catering to various shopping preferences.
Public Transportation: Convenient access to public transportation facilitates exploration of the city, making it easy for guests to reach key attractions.
 

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Guest Room15$75.00

 

PROPERTY TAXES

 

Ramtin Rafiee

Phone +1 310-525-3704

Specification

General

  • 4119
  • 0.1600
  • Investment
  • C2, Los Angeles
  • 1947
  • 15

Hospitality

New Gage Motel

Listing ID : 00149

SKU: 149

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