5710 E La Palma Ave
Multifamily | 118 Units | $211,864/unit
Marketing description
The Senior Living Facilities Conversion is an opportunity to convert the existing Hotel into an alternative use.
Senior Living Facilities per the Current Municipal Code a State-licensed Facilities for Seniors over 60 Years Old that may Include;
Independent Living
Assisted Living
Memory Living Care
Skilled Nursing
Continuing Care Retirement Community
Memory Living Care
Skilled Nursing
Continuing Care Retirement Community
Location Description
Located just to the West of the 91 /Imperial Highway off-ramp, The Property is an existing Motel 6/Studio 6 situated on an approximate 2.99-acre lot and comprised of approximately 60,312 Square feet. The Property has a lobby, dining area, kitchen, meeting/conference room, pool, and green belt. The Property is well-parked and offers asphalt exterior parking areas.
The 118 Rooms consist of 78 Motel 6 rooms, 40 Studio 6 rooms with 18 suites with kitchens but no stoves.
Investment highlights
- 60,312 SF building with 118 units
- Large 2.99 Acre Lot (Per Assessor)
- Zoned General Commercial Development Area (DA - 5)
- City Council Enthusiastic About Potential Conversion
- Convenient access to transportation and medical facilities
- Across the Street from Significant Retail Establishments
- Excellent Street Exposure with Freeway Visibility
- Seller experienced with the Conversion Process
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
