5651 Lincoln Ave
Cypress, CA 90630
10 Cap Existing Hotel/Repositon Opportunity · Hospitality Property For Sale · 19,597 SF

The Opportunity: Owned for more than 10 consecutive years by the Seller, the property is being offered for purchase by a for–profit developer, affordable housing developer or an apartment investor interested in repositioning the property from its current use to a monthly rental. The Property: Situated on an approximate 0.86 acre rectangular lot, the property rests on highly trafficked Lincoln Avenue between Walker and Valley View offering the property excellent street exposure. The 52-room property is three-story, and in very good condition with a recently resurfaced asphalt parking lot, attractive lobby, swimming pool and is near significant retail establishments on Lincoln Avenue (Home Depot, the US Postal Service, The Buena Park Marketplace that includes Ross, Marshalls, Jo-Ann and Chase Bank). The Location: The property is located in the City of Cypress, CA and rests in the Lincoln Avenue Specific Plan. The City is located in Northern Orange County and surrounded by the City of Cerritos to the North, The cities of Hawaiian Gardens and Los Alamitos to the West, Seal Beach to the South and Buena Park and Anaheim to the East. The City offers access to the 605, 91, 405, 22 and 5 freeways. Zoning: The property is zoned Mixed Use and can be repositioned as residential or commercial