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3206 W 8th St
Los Angeles, CA 90005

Price Upon Request

Hotel For Sale • 26,015 SF

Property Details

Property Type Hotel
Total Building Size 26,015 SF
Lot Size 0.12 AC
Building Class B
Year Built 1926
Tenancy Multiple
Zoning LAC2

79 Transit Score

96 Walk Score

                
                    Highlights
                
                                Rare opportunity to acquire a 51-room, luxury-boutique hotel and two retail spaces with liquor licenses in prime Koreatown, Los Angeles 
                            
                                Turnkey investment opportunity that completed a full multi-million-dollar renovation in 2019/2020 
                            
                                Iconic art-deco hotel featuring a unique mix of upscale rooms and suites, a beautiful lobby and common areas, and a trendy ground-floor restaurant
                            
                                Thoughtfully designed rooms including mid-century modern finishes, luxurious bathrooms, stunning brick & motif walls, new wood and tile floors, etc.
                            
                                Approximately 2,500 square feet of vacant retail/commercial space, allowing an opportunity to add value and additional income
                            
                                Additional income from the ground-floor restaurant space leased to the newly renovated H Café, one of Los Angeles’ most popular destinations

Amenities

Restaurant
Room Service
High Speed Internet Access
Patio
On-Site Bar
Boutique/Lifestyle Hotel
Public Access Wifi
Smoke-Free

Public Transportation

Commuter Rail	Drive	Walk	Distance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	4.7 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	9 min	-	4.7 mi
Transit/Subway	Drive	Walk	Distance
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	8 min	0.4 mi
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	15 min	0.8 mi
Wilshire/Western Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Bob Hope	21 min	-	12.6 mi
Los Angeles International	23 min	-	13.3 mi
Long Beach (Daugherty Field)	32 min	-	23.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	38
Type:	Surface
Included in Rent:	Yes

Janet Neman 310-926-5181 Kidder Mathews

3206 W 8th St Los Angeles, CA 90005