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1218 Magnolia Ave.

Los Angeles , California 90006

Listing Type:
For Sale
Listing Price:
$1,495,000.00
Property Type:
Hotel and Motel
Property Subtype:
Limited Service
Year Built:
Listing Status:
Active
Building Size:
3572 SqFt
Land Area:
0.15 Acres

Description:

The Nomads is a brand-new self-check-in hostel located at the border of Downtown Los Angeles & Koreatown. The property consists of a newly remodeled 3,572 SF 10 bedroom single family residence on a 6,475 SF R3 zoned lot.
The property has great frontage with approximately 46.25 Feet along Magnolia and has a depth of about 140 Feet.
The property has approximately 10 gated on-site parking spaces in the rear accessible thru the alley in addition to ample street parking.
This offering will attract an investor looking to take over the operation of a newly remodeled 10 bedroom Hostel or a developer looking for R3 zoned residential land in an infill location.

Presented by:

David  Yashar

Director

(310) 724-8043

(310) 710-5626

Click here to email

Listed by:

Keller Williams Realty Westside

L.A. Westside

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