This, 36 room, well established hotel is in the heart of San Francisco, close to the civic center. The business is currently closed but a savvy new owner/operator could re-invent this once extremely popular Inn and enjoy a steady income and/or live in style in this beautiful location with views of National Forest Land. The LErmitage is operated by luxury hotelier Viceroy Hotels & Resorts, and the new owner will need to decide whether to continue that relationship. The attached ADU can be used for multigenerational living or as an apartment to generate rental income, many possibilities. Seller has plans for 6 condos on acre which will not impact the existing hotel operation. More details , An offer of $230M will be entertained. A local property management outfit, Arcadia-based Positive Investments Inc., bought a trio of Residence Inn hotels from the Blackstone Group. Their Koroneiki olive trees are 20-25 years old and grow together with ancient olive trees (the oldest of which is over 3000 years old with a circumference of about 14m). The property consists of 12 rental units and a two-bedroom one bath office/manager unit with a view of the lake. All units are qualified for weekly/monthly rentals. Hotel rooms are all ensuite and command $200 nightly where loyal clientele come for the elegant experience from miles away. From small motels to large resort-style properties, CityFeet has Los Angeles, CA hotel properties for sale. In 2012, Low turned heads when he dropped a whopping $38.98 million on his Hollywood Hills estate, redefining what a home could sell for in the celebrity-filled Bird Streets neighborhood. Get updates when a new home matches the current applied filters. 5 Star Hotel - Los Angeles CA Real Estate - 8 Homes For Sale | Zillow 9 exquisite bedrooms each having a private bathroom, fully air conditioned and elegantly appointed. It is close to restaurants, public transportation, and the lake. Eden Vale Inn is an award winning luxury inn located on over 10 acres in Placerville, the heart of Northern Californias Gold Country. Beautiful beachfront hotel with scenic views and easy access to boardwalk. National Historic Hotel - Real Estate Included - SBA Approved - 9 Bedroom Boutique Hotel/Bar/Restaurant with Owners detached 2 Bedroom Apartment WebPosting: 280298 | Available | 6/24/23. The main part of the home has 2 BD & 2 BA with a kitchen & dining area that's open & very roomy for entertaining. The hotel is located at 5400 West Century Boulevard. The self-described only luxury boutique hotel in Burbank changed hands in June, with Century City-headquartered private investment firm Nimes Capital acquiring the inn from Pebblebrook Hotel Trust, a West Bethesda, Maryland-headquartered hotel investment firm. We will use the information you provide on this form to send you, Subscribe to RSS feed for Hotels For Sale in the US, A Trophy Luxury Boutique Hotel in Miami - USA, Magnuson Hotels - Hotel Franchise in Chicago, 4 star Hotel in Down Town Los Angeles USA, Roseus Hospitality Vacation Rental Franchise in Miami/Miami Beach, 100% Owner Financing Florida Hotel 156 Rooms, Boutique Hotel Located In Lively Town Center, Magnuson Hotels - Hotel Franchise in Los Angeles, Hotel Investment Opportunity In Miami Beach, Roseus Hospitality Vacation Rental Franchise in Austin, Prime Real Estate Included Nine Bedroom Hotel Restaurant, Magnuson Hotels - Hotel Franchise in Seattle, Re Included Sba Approved 9 Bedroom Boutique Hotel/Bar/Restaurant In Tuolumne County, Beautiful Inn Located In Mount Washington Valley, Roseus Hospitality Vacation Rental Franchise in Sevierville/Pigeon Forge, Prescott Az Downtown Restaurant With Real Estate, Nationally Recognized Hotel In Orange County, Magnuson Hotels - Hotel Franchise in Columbus, Thriving Event Center And Lodging Plus Hotel Sites, Roseus Hospitality Vacation Rental Franchise in Scottsdale, Waterfront Boutique Hotel In Fort Lauderdale, Guest Houses and Bed and Breakfast Businesses. The hotel was renovated in 2019, with Vulcan adding a pool, rooftop restaurant and lounge. PLEASE DO NOT DISTURB OCCUPANTS DO NOT WALK ON PROPERTY WITHOUT AN APPOINTMENT w/ LISTING AGENT: LJ Mismas Ownership: Sole Proprietorship Los Angeles County CA Hotels and Motels Businesses for Sale Learn More > JLL represented both the buyer and seller of the 132-room hotel. Additionally, there is a self contained 2 BD /1 BA guest quarters downstairs that has a full kitchen (with a connecting, lockable staircase), and a separate private 1 BD / 1BA downstairs as well. Financial terms were not disclosed but the deal values the exclusive hotel at over $400 million, which would easily make it the priciest hotel sale in L.A. this year.. California Hotels For Sale - CityFeet Up To 156 Rooms on 2 Acres. Local investor Alon Abady bought the land under the hotel for $55.5 million in October, also getting the leasehold interest in the property for $42 million, or around $330,500 per key, records show. In the current real estate climate with exorbitant prices and low CAP rates, it is essential to find new and creative ways of investing in the asset class in order to still achieve an attractive return. Sofitel Beverly Hills | Abady This area boasts quaint small towns, historic attractions, farms and wineries. Square Feet: 5,978 Building 12,026 Lot Size The balance of the units are rented out on a daily or weekly stay. There is an additional vacant and valuable half acre lot Zoned C-1 included that could possibly be used for a mixed-use opportunity, maybe more hotel rooms or some other needed business or residential configuration the County might endorse. That is, until this week, when the 201-key Montage Beverly Hills hotel was sold to Qatar-backed Maybourne Hotel Group. Parking: Parking Lot and street The property has gone through four buyers in the last eight years with Christian Center Inc. and Greenfield Partners previously owning the property. Refine Results Days on Site (Newest) 96 Properties Page 1 of 8 $21,000,000 28 10445 Wilshire Blvd #PNTHSE Los Angeles, CA 90024 Annual Gross: $375,000. Ft. 1539 Greenfield Ave #102, Los Angeles, CA 90025. THE NATIONAL HISTORIC HOTEL, JAMESTOWN IN THE MIDST OF CALIFORNIAS GOLD RUSH COUNTRY. Financials: Revenue: $1.3m. Description: Moses Lake, WA 98837 8637 Hillside Ave, Los Angeles, CA 90069. Los Angeles County, California, CA It will sell for at least $100 million, federal representatives said Thursday, or perhaps more at an auction set for Aug. 19. More details , Magnuson Hotel provides hotel owners with a platform to achieve year-round occupancy and with complete revenue management, OTA-alternative distribution strategy, technology, and marketing support. but it is growing month by month now. Multi-family zoning 20 units per acre. The centerpiece of the Main Inn building is an open-concept great room with a 2-story stone fireplace, open-air inn kitchen, living room, formal dining room and spacious decks with dining tables and seating. There is also a further 1,100 sq ft of covered storage. Its original owner, Sydell Group chief executive Andrew Zobler, has said that he wants the hotel to capture the culture of a hostel without being one. This years crop was stronger on prices overall, though. We notice that your web browser is out-of-date. The Hotel is just steps from the beach and Ocean drive, and is surrounded by restaurants, nightlife and shopping. All guest rooms also offer high end mattresses, towels, bed linens, and comfy robes. Because of its low acidity, and the complete absence of toxic substances, pesticides and herbicides and its excellent organoleptic characteristics, Horizon olive oil is a product of the highest and purest quality. To receive more information and discuss this opportunity with the broker along with the brokers connections for a long-term SBA loan solution, please complete the Non-Disclosure Agreement on our website and well send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. Multi-Family Homes For Sale in Los Angeles Multi-family zoning 20 units per acre. It retains plenty of privacy and enjoys spectacular panoramic views of the surrounding mountains. Fully equipped and located on a major Hwy in an area perfect for a comfortable country living lifestyle in Modoc County. Lizard Hotel. Hotels for Sale Please contact us with any additional questions. Location: 18183 Main St, Jamestown, CA 95327 - Tuolumne County Description: The Hotel is truly a trophy asset and an historic gem. This fantastic property has great proximity to many outdoor attractions, being a mere 5 minutes from Bass Lake and less than 20 minutes from Yosemite National Park. Initial Fee: $100,000 Also available for sale @ $200,000 per room; @ $7,200,000, Prime Real Estate Included - 9 Bedroom Hotel/ Restaurant/Bar with Hard Liquor Type 47 License RRC# 4462 Location: 22415 Hwy 299, Canby Description: 9 bedroomed Inn with 6,000 square feet of, Restaurant, Bar and 9 nicely appointed rooms. The bottom floor offers a wine cellar, office and storage while the 3rd floor houses an 800 square foot open-concept one-bedroom owners quarters. Five of the units have kitchenettes and are being used for extended stay tenants. 96 Listed 72 Avg. Financial Information: Since it opened in 1975, the LErmitage has had a series of owners most recently the U.S. government, which moved to seized it in 2016 from Malaysian financier Jho Low. First Choice Business Brokers assists business owners in selling their businesses by locating and matching them with a buyer and managing the entire sales process. In the current real estate climate with exorbitant prices and low CAP rates, it is essential to find new and creative ways of investing in the asset class in order to still achieve an attractive return. Lake County Hospitality Property: Ready to take on a multi-unit lodging property? The hotel was renovated and was recently upgraded, including interior paint, new doors, new showers, stunning tiled floors in the common areas. Another notable development was that Blackstone Group unloaded two of the properties in The Real Deals ranking of the top five hotel sales of 2019, selling both properties to regional hotel investors. WebExclusive, highly sought after neighborhoods in which to purchase a luxury property are unquestionably numerous and include Holmby Hills, Bel Air, Hollywood Hills, Benedict Through dedication, constant improvement, and listening to our industry and clients, weve improved our products and services and have grown into a market leader that connects buyers and sellers from across the world. A refrigerated worktop and ample prep tabling with microwave and undercounted dishwasher complete this very useable space. Facilities: Travel still hasnt returned to pre-pandemic levels, but investors were much more willing to pick up hotels in 2021 compared to last year. Under 2 Hours to Reno, NV Park Hotels & Resorts Inc. bought the downtown Los Angeles Ace hotel in September as part of its $2.5 billion acquisition of Chesapeake Lodging Trust. Seller will gladly provide all pertinent documentation from Airbnb and VRBO to substantiate any income claims. This is a hotel & restaurant business and a home all in one. We are a new concept in the $120B pet industry being the first wellness-focused membership-model grooming franchise. Seller has plans for 6 condos on acre which will not impact the existing hotel operation. This hotel residence has 42 rooms and the manager's quarters. Insights. WebThe Prospect Hollywood. 1. Eden Vale Inn has 2 dedicated spa rooms which set the property apart from area competition in the luxury market and create an excellent additional revenue stream. The marble bathrooms have televisions inset in the mirrors. Annual Payroll: Contact for Info Eastdil Secured was sales agent for the 143-room hotel at 750 N. Nash St. Washington Holdings also owns the SLS Beverly Hills and a Residence Inn in Manhattan Beach. This project will have More details , Prime Real Estate Included - 9 Bedroom Hotel/ Restaurant/Bar with Hard Liquor Type 47 License. Find a seller financed Los Angeles Resort, Hotel business, or other ideal Los Angeles Hotel Arlett Hamilton DRE # 01220789, New Vision Real Estate Investm, Eliza Kerndian DRE # 01398836, Keller Williams Realty Westside, Jonathan Paik DRE # 01330976, eXp Realty of California Inc. Hotels for Sale in Los Angeles, CA | Crexi Like the Ace Hotel, the 226-room Freehand is part of a fast-developing area of Los Angeles where new bars, restaurants, and retail are continually opening. The firm was slammed by the pandemic, with three of its hotels in foreclosure earlier this year and around $1.3 billion in CMBS debt on its books. $749,000. 15 Off market Hotels, and development Land in Northern and Southern California. WebThe critically acclaimed Los Angeles-based trio MUNA have announced their highly anticipated sophomore album Saves The World, which will be released on September 6 t h, 2019 via RCA Records.The lead single from the new record Number One Fan was released on June 7th and is a song about "recognizing the negative voices in your head The LErmitage stands eight stories in a residential neighborhood on Burton Way and is unassuming on the outside but over-the-top plush on the inside. The top deal this year was the Sofitel in Beverly Hills, which sold for $97.5 million just under last years top price of $100 million. With a prime location on a .7-acre lot and an More details , Real Estate Included - SBA Approved - 9 Bedroom Boutique Hotel/Bar/Restaurant with Owners detached 2 Bedroom Apartment. Airport and Lake Tahoe. - in operation for over 20 years. The current owners involvement is limited to only a couple hours a week. Please see attached photos and videos. Conveniently walk to a variety of dining options from foodie-type restaurants to casual bars, to multiple wine tasting rooms. RRC# 4462 Web5 Star Hotel - Los Angeles CA Real Estate - 8 Homes For Sale | Zillow Los Angeles CA For Sale For Sale Apply Price Price Range New List Price Monthly Payment Minimum Perfect opportunity for a boutique hotelier expansion to the Central Coast, or a commercial builder seeking a development opportunity in addition to the existing profitable hotel operation. To receive more information and discuss this opportunity with the broker along with the brokers connections for a long-term SBA loan solution, please complete the Non-Disclosure Agreement on our website and well send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. This family owned Inn has a view of White Lake and the marina. Also, a great property for Office Use or other, walking distance to El Dorado County Superior Court, 1 mile to Marshall Hospital and more. Web1034 Hi Point St, Los Angeles, CA 90035 Tim Gavin DRE # 01997312, Coldwell Banker Realty NEW - 11 HRS AGO $810,000 3bd 2ba 1,340 sqft 2932 S Denison Ave, San Pedro, CA 90731 Clarence Johnson DRE # 01942911, Realty One Group United NEW OPEN SUN, 2-5PM $1,498,000 15bd 12ba 6,301 sqft 1331 N June St, Los Angeles, CA 90028 Monthly Rent: Real Estate Included All information should be independently reviewed and verified for accuracy. Tied for the second most expensive hotel sale across the county this year was the Southwest Carpenters Trust Funds $75 million purchase of the 508-room Hyatt Regency at LAX. Additionally, there is a self contained 2 BD /1 BA guest quarters downstairs that has a full kitchen (with a connecting, lockable staircase), and a separate private 1 BD / 1BA downstairs as well. Air Tahiti Nui [airtahitinui.com] Book by June 26, 2023 Travel October 29 - March 31, 2024 If your goal is to enjoy a desired profession while living your life to the fullest, check out our opportunity now! WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. The hotel market is depressed now, hobbled by the pandemic, which has damped travel around the world, industry analyst Alan Reay said. No industry specific knowledge is required about real estate or real estate management to operate the business considering it is a standardized model that anybody can follow. Motels for Sale in Los Angeles, CA | Crexi 100% Financing Available with No Down Payment! Trulia is a registered Trademark of Zillow, Inc. Zillow, Inc. holds real estate brokerage, Do Not Sell or Share My Personal Information, Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. SL Green sells off 245 Park stake in breakthrough for office market, Richard Ohebshalom loses home, building in Soho, Bargain hunter Empire Capital closes on Fifth Avenue office, Wolf of Airbnb pleads guilty in short-term rental scheme. For over 20 years, we have successfully supported thousands of business owners, entrepreneurs, brokers, and franchisors. Annual Revenue: Contact For Info Current Owner: 2022 1,760 Sq. For the best experience on AXS.com please consider upgrading to one of the following: If you are still having issues, please contact support at [email protected]. Showing California businesses currently available in California. The buy- and sell-side brokers were not identified. Hotels for sale in Los Angeles | LuxuryEstate.com Solar sprawl is tearing up the Mojave Desert. Los Angeles Employees: 18 At the entrance of the village stands the Acropolis, an imposing rock called Kastelos, on top of which there is the cavernous church of The Holy Cross. The property consists of two primary buildings along with several other structures on over 10 acres. California Sports & Entertainment Properties, Los Angeles Sports & Entertainment Properties, Downtown Los Angeles - Los Angeles Hospitality, Long Beach/Ports - Long Beach Hospitality, North San Fernando Valley - Sylmar Hospitality, Central San Fernando Vly - Encino Hospitality, Greater Culver City - Los Angeles Hospitality, Northeast Los Angeles - Los Angeles Hospitality, West San Fernando Valley - Chatsworth Hospitality, South Los Angeles - Bellflower Hospitality, Southeast Los Angeles - Los Angeles Hospitality. Residence Inns Hotels | Positive Investments| $103.5 million. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. WebHotels for sale in CA. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. The stalking horse bidder will purchase the hotel for $100 million if no bids come in higher at the auction next month. Perfect opportunity for a boutique hotelier expansion to the Central Coast, or a commercial builder seeking a development opportunity in addition to the existing profitable hotel operation. The property itself boasts a nearly perfect 5 star rating on both sites that host it (Airbnb and VRBO). The entire property is in excellent condition with a proven track record of increasing revenue and profitability, with an excellent opportunity for expansion across lodging, food and beverage and events. Airport and Lake Tahoe. - in operation for over 20 years. The biggest sale of the year was one of the largest hotels in Beverly Hills: the 295-key Sofitel at 8555 Beverly Boulevard. Guest also can enjoy an acre of beautiful gardens with gazebos, water features and fire pits. Prime Real Estate Included - 9 Bedroom Hotel/ Restaurant/Bar with Hard Liquor Type 47 License More details , Pools4u is a business based in the Algarve Portugal. Well also send you the Broker's direct contact information so you can discuss this opportunity in more detail. The area continues to grow as a tourist destination with agri-tourism, over 70 wineries, farm trails & whitewater rafting on the American River. Days/Hours of Operation: Mon-Thurs 11.00am-9.00pm Fri & Sat 11.00am - 11.00pm Sunday 9.00am 9.00pm. The popular Apple Hill boasts 70+ Vineyards (for wine tasting) and 50+ Apple Orchards that grace this region 10 minutes away. The combination of dry soil, the climate and the local micro climate here creates the ideal growing conditions for the development of healthy olive trees. $733,534 Average Gross Profit. The 7 beautifully appointed guest rooms are in exemplary condition and feature high-end amenities including an integrated lighting and temperature control system, private entrances, king & queen beds, private two-person outdoor soaking tubs, luxurious showers, refrigerators, private decks/balconies and gas fireplaces. Higher bids must start at $104 million, said Bordwin, who will spend the next few weeks putting other potential buyers through a qualification process to prove they are able to pay what they offer. With several offices located throughout the U.S., we have sold thousands of businesses, of all types, confidentially and efficiently through our vast buyer networks. The lot size is over 11,500 square feet with 5,978 of hotel and restaurant building plus an owner or manager's 1,200 sq ft home on site which is included with the sale. Fully equipped and located on a major Hwy in an area perfect for a comfortable country living lifestyle in Modoc County. From small motels to large resort-style properties, CityFeet has Los Angeles County, CA hotel properties for sale. This search was saved previously and can be found in My Saved Searches. Web2,139 results Trending Bidding Starts: 0d 13h 8m 54s 1/57 video Auction $400,000 Starting Bid Cumberland Falls Resort, Club & Campground Nestled in the heart of Southeastern Kentucky's beautiful Daniel Boone National Forest 11251 KY-90 Parkers Lake, KY 42634 Register to Bid Bidding Starts: 0d 13h 8m54s
