325-329 E 1st St - Hospitality FOR SALE


Los Angeles, CA 90012- Little Tokyo
$4,500,000 USD
562-348-0047
325-329 E 1st St, Los Angeles, CA for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

325-329 E 1st St
Los Angeles, CA 90012
Little Tokyo


HIGHLIGHTS

  • The Little Tokyo Hotel features some of the best rates in the heart of Little Tokyo Downtown Los Angeles.
  • The historic Little Tokyo Hotel provides an ideal mix of value, comfort, and convenience.
  • Located next to a number of restaurants, shops, clubs, pubs, and in walking distance of the LA Station Union.
  • The hotel offers a 24-hour front desk, a shared lounge with a full kitchen, laundry facilities, and free Wi-Fi throughout.

OVERVIEW

Priming Capital Realty is pleased to present Los Angeles' historic Little Tokyo Hotel to the market for investment acquisition. This opportunity stands out as it is priced well-below market comparables, offers multiple revenue streams from the hotel, retail, and restaurant tenants, and offers immediate and future high-income growth potential. The Little Tokyo Hotel is in a premier location in the heart of Downtown Los Angeles/ Little Tokyo in a high-demand district. Inquire today for more information. The property is currently owned by absentee ownership, which provides the opportunity to increase profits.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$319 USD /SF

# OF ROOMS

38

PRICE/ROOM

$118,421 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little Tokyo Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C-4, Los Angeles

APN/PARCEL ID

5161-012-013

ASK ABOUT THIS PROPERTY

Daniel JungPriming CapitalMore Info
562-348-0047

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Daniel JungPriming CapitalMore Info
562-348-0047

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.