This Hotel & Motel Property is Off-Market.

1906 W. 3rd Street
Los Angeles, CA 90057 ·

137 Rooms · Hotel & Motel For Sale

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Nutel Hotel & Residence

Price N/A Property Use Type Investment
No. Rooms 137 Cap Rate 9%
Building Size 53,640 SF Lot Size 42,732 SF
Property Type Hotel & Motel APN / Parcel ID 5154-027-29
Property Sub-type
Economy/Limited Service
More...
  • Garden/Low-Rise
Listing ID: 17563047 Date Created: 03/07/2012 Last Updated: 06/14/2012

Description

RARE OPPORTUNITY - First Hotels Inc. is pleased to offer for sale to qualified principles, the fee-simple interest in the "Nutel Hotel Residence", a 137 units Residence hotel, all studio rooms with Kitchenettes'. On site Thai Restaurant rents out for $1800.00 monthly. Underground parking and security.
THE PROPERTY IS CURRENTLY UNDER CONTRACT WHICH IS SUBJECT TO OVERBID AND BANKRUPTCY APPROVAL COURT HEARING. WAITING OVERBID HEARING DATE. INTERESTED BIDDERS,PLEASE CONTACT THE LISTING BROKER OF RECORD.

The Nutel Hotel & Residence is located in the Westlake area, strategically located close to the Hollywood 101 Freeway and the 110 Harbor Freeway. Close to Staples Center, Downtown L.A., Dodgers Staduim, Echo Lake and USC.

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1906 W. 3rd Street, Los Angeles, CA 90057 (Los Angeles County)

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