Overview
1. Building: 7,518 SqFt/ Lot: 8,978 SqFt/ 2016 Renovated
2. Parcel: 7480-019-015 / Floors: 4 / No Elevator; Type: Commercial (Hotel/Motel); Zoning: AVC1
3. Number of Rooms: 33 total (All Rooms be remodeled)
A) 28 Hotel Rooms: (a).King Bed- 3 rooms, Double Bed- 2 rooms and Queen Bed: 23 rooms
(b).Bathtub: 2 Rooms; Shower: 26 Rooms
B) 1 unit - Office with Manager’s apartment( 2 Bed Rooms, Living Room/ Patio)
C) 4 Family Cottages: #A, #B, #C, #D (#A & #B:2 Singles+1 Full; #C: 1 Queen with Kitchen
#D (1 Queen With Living Room)
D) 5 Additional Long term rental units. * These additional 5 units are not included in the above
total 33 rooms. 1). 3 units: $400 mo. 2). 1 unit/Kitchen: $800 mo. ** All 4 units use One
Bath/Sower. 3). 1 Bigger Room(Kitchen /Bath /Shower) unit: $1,000 mo..
Other Features and Information
• Walking Distance to Ocean, shopping, restaurants and attractions.
• Room Views: Ocean View Rooms, Mountain View Rooms and Garden Courtyard Views
• Owner owned all personal properties (except soda machine are leased)
• Owner Owned Onsite Laundry: 4 Washing machines and 4 Dryers
• All Hotels rooms feature a refrigerator, heater and ceiling fan. No A/C or microwave.
• Additional development possibility in the SPA area, may build area up to 3 Floors for more hotel rooms.
• Room Sales-yr (Including 12 % City Tax):
2017: $1,040,285; 2018: $1,122,906; 2019: $926,666. (plus 5 long term units-$50,000 yr.approx).
2020: March 2020- Closed (Covid 19) & Reopened July 2020 with Covid 19 Restriction.
