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INVESTMENT HIGHLIGHTS
- Close to Retail/Restaurants
- Just off the 210-Freeway
- Great Demographics in the Arcadia Market
EXECUTIVE SUMMARY
Marriott Branded Trophy Asset in Affluent Market: Acquisition of a 120-room, all-suite Residence Inn by Marriott located in Pasadena Arcadia, a consistently high-income, high-barrier-to-entry suburb with average home prices exceeding $1.3M. Superior Product & Turn-Key Condition: The property features a desirable extended-stay product with spacious suites and comprehensive amenities. Significant recent capital investment, including a major 2016 renovation and modernization of fixtures, ensures minimal near-term capital expenditure exposure. Premiere Regional Connectivity: Prime location just off the 210 Freeway, providing quick access to Downtown Los Angeles (16 miles) and key demand generators like The Shops at Santa Anita (2.1 miles).
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 120 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1988/2016 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.23 AC | Parking Ratio | 1.55/1,000 SF |
| Building Size | 77,636 SF | Corridor | Exterior |
| Zoning | ARCPD1 - Hospitality | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.23 AC |
| Building Size | 77,636 SF |
| No. Rooms | 120 |
| No. Stories | 2 |
| Year Built/Renovated | 1988/2016 |
| Tenancy | Single |
| Parking Ratio | 1.55/1,000 SF |
| Corridor | Exterior |
| Zoning | ARCPD1 - Hospitality |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Tennis
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 120 | $292.00 | - |
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $9,558,464 | |
| Land Assessment | $24,727,926 | Total Assessment | $34,286,390 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$24,727,926
Improvements Assessment
$9,558,464
Total Assessment
$34,286,390
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Residence Inn Pasadena Arcadia | 321 E Huntington Dr
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