Red Roof Inn Los Angeles Hotel | 8730 Artesia Blvd
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Red Roof Inn Los Angeles Hotel 8730 Artesia Blvd
63 Room Hotel Bellflower, CA 90706 £11,749,500 (£186,500/Room)
Investment Highlights
- Moderate Foot Traffic
- Open plan lots of open space
- Lots of nartural light
Executive Summary
Los Angeles HOTEL FOR SALE - 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 guestroom 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
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 guestroom 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
Data Room Click Here to Access
- Operating and Financials
- Third Party Reports
Property Facts
| Price | £11,749,500 | Building Size | 29,795 SF |
| Price Per Room | £186,500 | No. Rooms | 63 |
| Sale Type | Investment | Number of Floors | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1984/2022 |
| Property Subtype | Hotel | Parking Ratio | 4.42/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.46 AC |
| Price | £11,749,500 |
| Price Per Room | £186,500 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.46 AC |
| Building Size | 29,795 SF |
| No. Rooms | 63 |
| Number of Floors | 2 |
| Year Built/Renovated | 1984/2022 |
| Parking Ratio | 4.42/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Public Access Wi-Fi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 63 | £67.36 | - |
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PROPERTY TAXES
| Parcel Number | 7162-015-067 | Improvements Assessment | £6,531,547 |
| Land Assessment | £2,396,898 | Total Assessment | £8,928,445 |
PROPERTY TAXES
Parcel Number
7162-015-067
Land Assessment
£2,396,898
Improvements Assessment
£6,531,547
Total Assessment
£8,928,445
zoning
| Zoning Code | CG (C-G and the general plan land use designation is Commercial) |
| CG (C-G and the general plan land use designation is Commercial) |
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Red Roof Inn Los Angeles Hotel | 8730 Artesia Blvd
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