15 BHK 4,119 Sq Ft Commercial For Sale 6310 S Figueroa St, Los Angeles, CA 90003 in Los Angeles

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15 BHK 4,119 Sq Ft Commercial For Sale 6310 S Figueroa St, Los Angeles, CA 90003 in Los Angeles

Overview

Property ID: iRealty247-21886
  • Commercial
  • Property Type
  • 15
  • Bedrooms
  • 4,119
  • sqft

Description

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.

Location

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  • Address
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 90003
  • Country United States
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    Details

    • Property ID iRealty247-21886
    • Property Size 4,119 sqft
    • Bedrooms 15
    • Car Parking Size 1.94/1,000
    • Property Type Commercial
    • Property Status Sale
    • Floor No. 2
    • Transaction Type Resale
    • Age of Construction Above 20 years

    Additional Details

    • Property Subtype : Hotel
    • Building Class : C
    • Lot Size: 0.16 AC
    • No. Stories : 2
    • Year Built : 1947
    • Corridor : Exterior
    • No. Rooms : 15
    • Daily Rate per Room: 6275 ($102.38 CAD)
    • Smoke Free: Zone
    • Public Access Wifi: With High Speed Internet

    Amenities

    • WiFi

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