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Vermont Hotel 1717 S Vermont Ave 40 Room Hotel Los Angeles, CA 90006 $18,900,000 ($472,500/Room)
Executive Summary
This 40 units motel is located within the R-2 neighborhood conveniently located behind Vermont Avenue. This neighborhood has been using this motel since 1986. Before the COVID crisis the hotel was doing occupancy rate of 180% per year.
Property Facts
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 40 | $90.00 | - |
1 1
Very walkable
80/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5075-016-029 | Improvements Assessment | $862,248 |
| Land Assessment | $319,342 | Total Assessment | $1,181,590 |
Property Taxes
Parcel Number
5075-016-029
Land Assessment
$319,342
Improvements Assessment
$862,248
Total Assessment
$1,181,590
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Vermont Hotel | 1717 S Vermont Ave
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