921 S Western Ave
Los Angeles, CA 90006
Rotex Western Inn · Hospitality Property For Sale
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45 Rooms
Property Facts
| Property Type | Hospitality | No. Rooms | 45 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1984 |
| Lot Size | 0.33 AC | Parking Ratio | 2.12/1,000 SF |
| Building Size | 18,863 SF | Corridor | Interior |
| Zoning | LAC2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 18,863 SF |
| No. Rooms | 45 |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 2.12/1,000 SF |
| Corridor | Interior |
| Zoning | LAC2 |
Amenities
- Balcony
- Room Service
About 921 S WESTERN AVE , LOS ANGELES, CA 90006
Location! Location! Location! The Rotex Western inn sits along a major thoroughfare in a densely populated section of Koreatown LA. This is rare Prime investment opportunity in Koreatown! The building is highly visible and is easily accessible and sits on highly desirable location by travelers. 44 units inn in the heart of Koreatown walking distance to everything including shopping, markets, lots of famous restaurants and attractions. Rotex Westen inn has 9,431 SF building with 18,863 Lot size, C2 Zoning and it has 40 ample parking spaces underground level. It has 3 spacious sweet rooms, lobby and courtyard. Also, it produces two extra rental income from Las Vegas bus line and alteration shop. This hotel offers huge upside potential for an incoming investor. The hotel currently operating at 70% occupancy at an average daily rate of $99.73 in 2018. The market average for hotels in this area is $187. Harry Chung as an exclusive listing agent will go over detailed plan to make this property as 8.13% cap rate property.
Property Taxes
| Parcel Number | 5093-001-038 | Improvements Assessment | $1,201,846 |
| Land Assessment | $6,489,989 | Total Assessment | $7,691,835 |
Property Taxes
