3101 E Pacific Coast
Signal Hill, CA, 90755 $ 2,800,000
Baths0.0 Sq 5,038 Monthly Estimate*
$ 18,610
Listed by Naush Lalani, Broker
Studio
for $2,800,000. This 5,038 square foot building was built in 1950 on a lot size of 0.2521.
COMPLETELY REMODELED 16 UNIT MOTEL LOCATED IN SIGNAL HILL, BORDERING TO LONG BEACH WITH A WIDE VARIETY OF ACTIVITIES AND FESTIVALS, 15 MINUTES DRIVE TO THE BEACH, LONG BEACH CONVENTION CENTER, LONG BEACH AIRPORT, GOLF COURSES, ANNUALE GRAND PRE, SHORT DISTANCE TO DISNEYLAND, AND LOS ANGELES DOWNTOWN. ALL ROOMS HAVE BEEN REMODELED, NEW EXTERIOR PAINT, MOTEL SIGN, REPAVED PARKING LOT, SECURITY LIGHTS, NEW UPGRADED SERVICE PANELS, ROOF, RAIN GUTTERS, NEWER FURNITURE, ALL NEW HARDWOOD FLOORS, PLENTY OF PARKING FOR GUESTS, CLOSE TO RESTAURANTS, ENTERTAINMENT AND FREEWAYS. PRIVATE MOTEL MANAGER QUARTERS WITH BEDROOM, BATH, LIVING ROOM, KITCHEN, DINING AREA, SECURED CHECK IN AREA, PRIVATE LAUNDRY AREA FOR MANAGERS, ATM MACHINE AND SOFT DRINK MACHINE, LOCATED RIGHT ON PACIFIC COAST HIGHWAY VERY HIGHLY VISIBLE LOCATION. MOTEL IS TURN KEY, LOCATED ON A LARGE LOT 11,000 SQ FT IDEAL FOR FUTURE DEVELOPMENT FOR HOUSING OR COMMERCIAL. OTHER MOTELS IN SIGNAL HILL HAVE BEEN SOLD AND DEVELOPED INTO HOUSING UNITS GREAT INVESTMENT OPPORTUNITY. 4 ROOMS HAVE 2 BEDROOMS WITH TWO BEDS, 4 ROOMS ARE KING SIZE BEDS REST ARE QUEEN SIZE
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FeaturesGeneralUtilities SewerConnected
Year Built 1950
Property SubType HotelMotel
Business Type HotelMotel Hospitality
County Los Angeles
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard Trust
Status Active
Directions SOUTH 405 WEST EAST PACIFIC COAST HWY
City Signal Hill
View Y/N N
Senior Community Y/N N
Total Units 16
MLS Area 8 - Signal Hill
Lot Size Square Feet 10981.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Pacific Coast
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.youtube.com/watch?v=vAOZ7JVRJnw https://www.youtube.com/watch?v=aqdWiuj40uA
Days on Market 352
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional HotelMotel
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ExteriorLot Features CornerLot
Water Source Public
Lot Size Area 10981.0
Spa N
Building Area Total 5038.0
Lot Size Acres 0.2521
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features None
Electric On Property Y/N N
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* Excluded FeaturesList ByNaush Lalani, BrokerBroker
Affordability Calculator
- Monthly Principal & Interest
- $18,610
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Signal Hill, CA
Average List Price $1,764,667
Percent of Sale Price 37%
About Signal Hill, CA 12,330 Population
34% Since 2002
$ 71,870 Median Income
38.3 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/19/2024 | $2,800,000 | -9.97% | Price Down |
| 11/8/2023 | $3,110,000 | -2.81% | Price Down |
| 4/5/2023 | $3,200,000 | | Listed Price |