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About This Home

This 0-bedroom, 0-bathroom commercial at 451 E Vernon in Los Angeles, CA is listed for $3,900,000 ($1,163 per sqft). Built in 1963, the home offers 3,352 sqft of living space on a N/A lot.

Agent Description

The Vernon Motel presents a rare opportunity to acquire a 14-unit motel with (8-rooms with 2-beds and 6 rooms singles beds) property -two contiguous parcels in South Los Angeles, the sale includes APN:5113-015-007 and 5113-015-006, with frontage on Vernon Blvd, and includes approx 2200+ sq house.

LAC2 zoned asset is strategically located near major industrial and employment corridors surrounded by highly dense populations and could appeal to hospitality investors, owner-users, and value-add operators. Surrounded by neighborhood retail, local services, entertainment venues, Downtown Los Angeles, and all major freeways 10,110 and 101.

Key Features

  • Built in 1963

Property Details

1963

Monthly Cost Estimate

$20,858/mo

20% down · 6.5% · 30 years

Principal$2,821
Interest$16,900
Insurance$1,138

Estimates only. Actual payments may vary.

Location

451 E Vernon

Los Angeles, CA 90011

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 451 E Vernon is listed at $3,900,000 ($1,163/sqft). The estimated monthly payment is $16,900 based on 20% down at 6.5% interest.

Key features include: Built in 1963.

This property is listed by Pankaj Patel and can be reached at 3233176338 or pankajpatel130@yahoo.com.

PP

Pankaj Patel

Agent at T.N.G. Real Estate Consultants

(323) 317-6338

Listed by T.N.G. Real Estate Consultants · View on Broker Site

MLS# RS26066273· Source: listhub· Updated 66 days ago

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451 E Vernon, Los Angeles, CA 90011

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