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Holiday Inn Express & Suites Los Angeles 611 S Westlake Ave 80 Room Hotel Los Angeles, CA 90057 $47,200,000 ($590,000/Room)
INVESTMENT HIGHLIGHTS
- This hotel is operating in its full capacity.
EXECUTIVE SUMMARY
Kotai Realty is pleased to present this investment opportunity at
611 S Westlake Ave Los Angeles CA 90057
Business and real estate together. Owner is retiring from the business.
There is still 11 years of franchise contract remains with Holiday Inn
Express, which is owned by InterContinental Hotels Group (IHG).
This hotel is operating in its full capacity. It made approximately gross
3.9 million (2025) 3.96 million (2023) 3.94 million (2022).
Their average daily rate is approximately $180, occupancy rate is
approximately 80%.
611 S Westlake Ave Los Angeles CA 90057
Business and real estate together. Owner is retiring from the business.
There is still 11 years of franchise contract remains with Holiday Inn
Express, which is owned by InterContinental Hotels Group (IHG).
This hotel is operating in its full capacity. It made approximately gross
3.9 million (2025) 3.96 million (2023) 3.94 million (2022).
Their average daily rate is approximately $180, occupancy rate is
approximately 80%.
PROPERTY FACTS
| Price | $47,200,000 | Building Size | 48,630 SF |
| Price Per Room | $590,000 | No. Rooms | 80 |
| Sale Type | Investment | No. Stories | 5 |
| Sale Condition | 1031 Exchange | Year Built/Renovated | 1993/2019 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.62/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.52 AC | Opportunity Zone |
Yes
|
| Zoning | LAC1 | ||
| Price | $47,200,000 |
| Price Per Room | $590,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.52 AC |
| Building Size | 48,630 SF |
| No. Rooms | 80 |
| No. Stories | 5 |
| Year Built/Renovated | 1993/2019 |
| Tenancy | Single |
| Parking Ratio | 1.62/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | LAC1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 15 | $243.00 | - |
| Guest Room | 65 | $218.00 | - |
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (86)
PROPERTY TAXES
| Parcel Number | 5141-001-034 | Improvements Assessment | $4,461,749 |
| Land Assessment | $2,677,045 | Total Assessment | $7,138,794 |
PROPERTY TAXES
Parcel Number
5141-001-034
Land Assessment
$2,677,045
Improvements Assessment
$4,461,749
Total Assessment
$7,138,794
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Holiday Inn Express & Suites Los Angeles | 611 S Westlake Ave
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