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221 Concord Street

El Segundo, CA 90245
  • $3,950,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: SB24018593
UPDATED: 50 min ago
$3,950,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Listing Agent(s): Bill Ruane of RE/MAX Estate Properties () and Lynn O'neil of ()


Description

Three story Boutique Hotel. Upon entering, the ground floor features 10 rooms, restrooms and showers, a full size kitchen and lounge area. The top two floors each have 12 rooms. Each floor has shared restrooms, kitchens and showers. Hardwood floors throughout. Amazing opportunity to own a hotel in Downtown El Segundo near restaurants, shops and the Los Angeles Airport.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-04T18:32:51.543. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/147142949
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221 Concord Street El Segundo, CA 90245

  • Price: $3,950,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 50 min ago
  • ID#: SB24018593
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1912
Built
Neighborhood:
141 - El Segundo
County:
Los Angeles
Area:
141 - El Segundo
Property Description
Three story Boutique Hotel. Upon entering, the ground floor features 10 rooms, restrooms and showers, a full size kitchen and lounge area. The top two floors each have 12 rooms. Each floor has shared restrooms, kitchens and showers. Hardwood floors throughout. Amazing opportunity to own a hotel in Downtown El Segundo near restaurants, shops and the Los Angeles Airport.
Exterior Features

Entry Level 1 Entry Location Street Lot Features Landscaped Number Of Separate Electric Meters 0 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No

Interior Features

Common Walls No Common Walls Flooring Wood

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 10728 Fuel Expense 2331 Garage YN No Gross Income 475200 Gross Scheduled Income 475200 Insurance Expense 6117 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 188347 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 239333 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 10371 Vacancy Allowance 47520 Vacancy Allowance Rate 10 Water Sewer Expense 6022 Water Source Public Zoning ESR3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-04T18:32:51.543. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Bill Ruane of RE/MAX Estate Properties () and Lynn O'neil of ()