7921 Orangethorpe Avenue, Buena Park, CA 90621

$7,500,000
Sold Price
$7,500,000
List Price
$7,900,000
Closing Date
Nov 11, 2019
Status
CLOSED
MLS#
OC19240583
Year Built
1984
Lot Size
33,646
Acres
0.77
Lot Location
0-1 Unit/Acre
Days on Market
10
Property Type
Commercial
Property Sub Type
Hotel/Motel

Property Description

EXCITING INVESTMENT OPPORTUNITY! Fully remodeled and upgraded 2-Star, 50 guest room (could be up to 55 rooms depending on occupancy of conjoined rooms) motel with fully approved plans from the city for an additional 25 guest rooms. This property's close proximity to Knott's Berry Farm and Disneyland with easy access to i-5 and 91 freeways make it a tourist hot spot! This price of $7.9M, excludes a 12,000 SF adjacent multi-use commercial lot which could've used as Starbucks, convenience store or parking lot. 
 The lot with the Hotel together price will be $8.9M.
 The lot address is 7911 Orangethrope Ave. The lot APN#276-362-17.

Additional Information

Exterior Construction
Concrete, Stucco
Roof
Flat
Water
Public
Attached Structure
Detached
Number Of Units Total
55

Listing courtesy of Listing Agent: Lucy Scott (lucyliuscott@gmail.com) from Listing Office: Re/Max Luxury Properties.

Listing sold by Lucy Scott from Re/Max Luxury Properties

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.