North Hills, CA 91343,9247 Sepulveda BLVD

$3,915,000

Est. payment /mo

$3,899,000

0.4%
Est.Price: ?

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9247 Sepulveda BLVD North Hills, CA 91343

6,400 SqFt

SOLD DATE : 04/17/2023

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 22212819

Sold Date 04/17/23

HOA Y/N No

Year Built 1958

Lot Size 0.296 Acres

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 Noh - North Hills

Zoning LAR4

Interior

Fireplace No

Others

Tax ID 2656026001

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Richard Schulman • KW Advisors
Bought with Arvind Patel • Everscope Financial Group, Inc.

Jacqueline Screeton

Agent | License ID: 01858560

+1(949) 395-4732

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