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Tom Masterani

tom.masterani@engelvoelkers.com +1(818) 613-4478

$ 6,200,000

Est. payment -/mo

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Active

5251 Hollywood Los Angeles, CA 90027

0.33 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26005119

HOA Y/N No

Year Built 1947

Lot Size 0.335 Acres

Lot Dimensions Assessor

Property Sub-Type Hotel/Motel

Property Description

This charming Two-story motel with 26 units is nestled in the heart of Hollywood Thai Town. Sixty years of business. A lot of old customers. Steady income. It's a versatile space that often doubles as a filming location for movies and TV shows, giving it a unique cinematic flair. This is extra income. The property blends a cozy, retro vibe with the bustling energy of the surrounding area. Thai Town is the only officially recognized Thai community in the U.S. and stretches along six blocks of Hollywood Blvd. It's well-known for its Thai business, restaurants, and cultural landmarks, and it's also near the historic Hollywood Boulevard Commercial and Entertainment District. This motel is in a really vibrant neighborhood within Los Angeles, and it's got a lot of unique cultural spots and delicious food. The owner is retiring and ready to sell it. Great opportunity for a foreign investor to operate and apply for a green card.

Location

State CA

County Los Angeles

Area C30 - Hollywood Hills East

Zoning LAC2

Interior

Heating Wall Furnace

Cooling See Remarks

Fireplace No

Laundry Laundry Room, See Remarks

Exterior

Fence Block

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Present Use See Remarks

Total Parking Spaces 16

Building

Lot Description Flag Lot, Rectangular Lot

Story 2

Water Public

Others

Tax ID 5544009001

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by STEVEN SHIH KO TAI REALTY 626-487-4396, DRE #00905902

NEARBY SCHOOLS & PROPERTIES

Tom Masterani

Agent

+1(818) 613-4478

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