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Key Details
Sold Price $3,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB15254320
Year Built 1912
Lot Size 5,706 Sqft
Property Description
Excellent **INCOME OPPORTUNITY** Rooming House aka Concord Hotel. Historic and Iconic building dating back from 1912...
Concord Hotel is a rooming hotel with 24 studio rooms with baths and kitchens at end of hallway. Similar to a hostel or dorm, tenants have clean, furnished rooms and stay forever...some tenants have been there for 10,15, and 26 years. 4 blocks to the beach and walking distance to shops, restaurants and downtown. Great INCOME POTENTIAL! In addition to 24 rooms there is a 3 bdrm.,1 bath and kitchen and a 1 bdrm., 1 bath and kitchen for owners or manager or ?? **DRIVE BY ONLY**
Location
State CA
County Los Angeles
Area 141 - El Segundo
Zoning R3
Rooms
Other Rooms Shed(s)
Interior
Heating None
Cooling None
Flooring Carpet
Fireplaces Type None
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned
Fence Excellent Condition
Pool None
Community Features Suburban
Utilities Available Cable Available, Phone Connected, Sewer Available, Water Available
View Y/N No
View None
Building
Lot Description Level, Street Level
Story Three Or More
Others
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Special Listing Condition Standard
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Bought with Lynn O'Neil • Shorewood Realtors
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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