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King Junior Hotel 1194 E 35th St 36 Room Hotel Los Angeles, CA 90011 $2,399,000 ($66,639/Room)
EXECUTIVE SUMMARY
Julian Bloch & Andres Diaz of Kingside Investment group are proud to present The King Junior Hotel a well-maintained residential hotel situated on approximately 9,726 square feet (0.22 acres) in South Los Angeles. The property features thirty-five (35) total units, comprised of thirty-four (34) bachelor units, each with private bathrooms, and one (1) one-bedroom, one-bath manager’s unit.
Unlike many traditional SRO (Single Room Occupancy) buildings that offer only shared facilities, each unit at the King Junior Hotel includes its own private bathroom, a highly desirable feature among residents seeking affordable yet comfortable housing.
The property also benefits from an on-site laundry room, generating additional income for ownership. A savvy investor has the opportunity to further enhance revenue through improved management, rent optimization, adding new laundry machines, surcharges for parking etc.
Unlike many traditional SRO (Single Room Occupancy) buildings that offer only shared facilities, each unit at the King Junior Hotel includes its own private bathroom, a highly desirable feature among residents seeking affordable yet comfortable housing.
The property also benefits from an on-site laundry room, generating additional income for ownership. A savvy investor has the opportunity to further enhance revenue through improved management, rent optimization, adding new laundry machines, surcharges for parking etc.
PROPERTY FACTS
| Price | $2,399,000 | Lot Size | 0.21 AC |
| Price Per Room | $66,639 | Building Size | 11,475 SF |
| Sale Type | Investment | No. Rooms | 36 |
| Sale Condition | 1031 Exchange | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1920 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | ||
| Zoning | R2 - Residential | ||
| Price | $2,399,000 |
| Price Per Room | $66,639 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 11,475 SF |
| No. Rooms | 36 |
| No. Stories | 3 |
| Year Built | 1920 |
| Corridor | Interior |
| Zoning | R2 - Residential |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 36 | $55.00 | - |
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $513,306 | |
| Land Assessment | $146,942 | Total Assessment | $660,248 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$146,942
Improvements Assessment
$513,306
Total Assessment
$660,248
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King Junior Hotel | 1194 E 35th St
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