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Investment Highlights

  • Features an open-plan layout with generous open spaces and abundant natural light throughout the property, creating a welcoming environment.
  • Recently renovated and maintained in average-to-good condition, providing an updated lodging experience for guests.
  • Located along Artesia Boulevard with convenient access to major transportation routes and nearby retail and dining options.
  • Proximity to key transportation hubs, including Long Beach Airport (approximately 5.7 miles) and Los Angeles International Airport (approximately 19.4

Executive Summary

Bellflower Red Roof Inn – Priced to Sell & Investment Opportunity
This 63-room Red Roof Inn located at 8730 Artesia Boulevard, Bellflower, CA, is now available for sale and priced to sell. The property has been recently renovated, exceptionally well-maintained, and brought up to an average-to-good overall condition.
Notably, the City of Bellflower is highly supportive of an adaptive reuse conversion for this property, opening up excellent potential for multi-family, affordable, or workforce housing redevelopment.
Property Design & Layout:
Building & Lot Size: The two-story, garden-style asset features exterior room corridors, spanning a 23,781 sq. ft. building situated on a spacious 1.46-acre lot.
Parking & Access: The site offers two convenient driveways for effortless ingress/egress and features 100 marked parking stalls.
Guest Room Features:
Standard Amenities: Each of the 63 guest rooms comes equipped with a king-size bed, flat-screen TV, mini-fridge, microwave, and a full bathroom with a tub/shower combo.
Specialty Inventory: The property includes three ADA-accessible rooms, along with six premium "Superior King" rooms outfitted with kitchenettes for extended stays (three of which include private jacuzzi tubs).
Recent Upgrades & Improvements:
Modern, durable vinyl wood flooring and elegant crown moldings.
Upgraded granite countertops in bathrooms and living areas.
Upgraded electronic card security locks for seamless guest access.
This property is being sold strictly "as-is."

Data Room Click Here to Access

Property Facts

Price $11,500,000
Price Per Room $182,540
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.46 AC
Building Size 29,795 SF
No. Rooms 63
No. Stories 2
Year Built/Renovated 1984/2022
Parking Ratio 4.42/1,000 SF
Corridor Exterior
Zoning CG - 8730 Artesia Boulevard in Bellflower, CA, the property is located in an area with Commercial General (C-2) zoning.

Amenities

  • Pool
  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 63 $86.00 -
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
7162-015-067
Land Assessment
$3,121,200
Improvements Assessment
$8,505,270
Total Assessment
$11,626,470
  • Listing ID: 31764880

  • Date on Market: 5/10/2024

  • Last Updated:

  • Address: 8730 Artesia Blvd, Bellflower, CA 90706

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