Los Angeles HOTEL FOR SALE Price Reduction - Perfect for the Homekey + /Veteran Affairs collaboration Conversion Comprising a 63-room limited-service motel under the name "Red Roof Inn," the subject structure was originally constructed in 1984 with materials of average quality for that era. Following recent renovations, the property's condition now ranges from average to good. The subject property falls under the Class "D" category, featuring a wood frame and stucco structure designed in a garden style with exterior entrances for each guest room. During our inspection, we measured the exterior building area, and our findings aligned closely with the public record, registering at 23,781 square feet. Therefore, we have maintained the public record square footage throughout this report. The site spans 63,472 square feet or approximately 1.46 acres, resulting in a floor area ratio of 37.47%, a typical figure for this type of two-story development. Each guest room is equipped with a kingsize bed, bathroom, flat-screen TV, mini refrigerator, microwave, wall-mounted air-conditioning, work desk, and a full bathroom with a shower and tub. Among the 63 rooms, there are three ADA accessible rooms, with an average room size of 377 square feet. Additionally, there are 6 superior king? rooms which have kitchenettes. Of the ?superior king? rooms, 3 have jacuzzi tubs. Lobby & Guest Rooms The interior improvements within the lobby area include tile flooring and a small countertop dedicated to providing coffee and a microwave for motel patrons. The receptionist area is separated by tempered glass. Guest rooms have been enhanced with vinyl wood flooring, crown moldings, granite countertops in the bathrooms, tile in the bathrooms, dual pane sliding windows, and handlebars in the bathrooms of ADA accessible guest rooms. Additionally, electronic card security locks provide access to each guest room, while smoke and carbon monoxide detectors have been installed throughout. Access to the subject property is facilitated through two ingress and egress driveways along the south side of Artesia Boulevard. A total of 100 marked parking spaces are available, equating to a parking ratio of 4.21 spaces per 1,000 square feet of gross floor area. The subject property is located at 8730 Artesia Boulevard in Bellflower and can be identified with Assessor's Parcel Number 7162-015-067. Property sold As-is