Alhambra, CA 91803,Address not disclosed

$2,450,000

$2,680,000

8.6%
Est.Price: ?

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Est. payment /mo

0.45 Acres Lot


SOLD DATE : 03/28/2014

Key Details

Sold Price $2,450,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CC332066

Sold Date 03/28/14

HOA Y/N No

Year Built 1935

Lot Size 0.450 Acres

Property Description

The L`Orchard Inn is one of Los Angeles` most distinctive motel. Wonderful layout and location. Beautiful suites offer privacy & convenience. Property was upgraded in 2010 which now features brand new meters, electrical, plumbing, appliances & fixtures, flooring, landscaping. All units are wired for cable, phone, and internet. Total 12 units with various floor-plans. Manager unit is separate from the 12 units. All units have a full kitchen with granite countertops and appliances. Truly ONE OF A KIND! Excellent investment opportunity. Sale includes active motel business license, occupancy certificate, and all existing furniture, fixtures, and equipments. May be eligible for EB-5 program.. Comments Title: The L`Orchard Inn.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning ALCPD

Interior

Fireplace No

Building

Lot Description Sprinkler System

Story 1

Others

Tax ID 5351010005

Security Features Security System

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jeannette Zhang • VasTree Real Estate
Bought with Wei Liu • Long Dragon Realty Group, Inc
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+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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