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9247 Sepulveda Blvd North Hills, CA 91343
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Key Details
Sold Price $3,915,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $611
MLS Listing ID 22-212819
Sold Date 04/17/23
Bedrooms 20
Year Built 1958
Lot Size 0.296 Acres
Acres 0.2963
Property Description
This is an excellent opportunity to own a 27-key independent motel in a very dense part of Los Angeles with immediate access to the 405 freeway in Los Angeles' North Hills neighborhood (San Fernando Valley). The Property can be repositioned into apartment housing, be redeveloped, or can continue to operate with its current business, as a motel. The Good Knight Inn is an independently owned and operated, 27-key economy class motel. It is comprised of a two-story motel building, front office, and several single-story bungalows. Amenities include cable, free wifi, and ample parking for approximately fifteen (15) cars protected by a security gate on a nightly basis. The Property is situated just west of the 405 Freeway, which is heavily traveled by both commuters and freight haulers and is the busiest and most congested freeway in the United States. Sold together with adjacent 13,910 Lot Sq Ft APN 2656-026-002.
Location
State CA
County Los Angeles
Area North Hills
Zoning LAR4
Others
Special Listing Condition Standard
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Bought with Everscope Financial Group, Inc.