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Hotel-Motel

Flex Living Torrance

4111 CA-1, Torrance, CA 90505

Listing Price: $15,000,000

Cap Rate
6.10%
Number of Rooms
94
RevPAR
$68
Gross SF
49,460
Price/Room
$159,574
Price/Gross SF
$303.28
Year Built
1962

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale Flex Living in Torrance, California. This property is an ideal conversion opportunity for those looking to take advantage of the growing popularity of extended stay hotels. Currently, the property consists of 94 units, all equipped with kitchenettes and the potential to add an additional 8 units by renovating a large storage floor.

Torrance is home to nearly 400 business headquarters and known for its strong presence in the aerospace and automotive industries. The city is well connected by major highways, including the I-405 and I-110 and the property is located directly off of Pacific Coast Highway.

Investment Highlights

  • CALL FOR OFFERS JANUARY 19TH
  • OWNER MUST SELL - SUBMIT ALL OFFERS
  • Prominent Frontage on Pacific Coast Highway - Over 35,000 Cars Traffic PCH per Day
  • Opportunity to Rebrand - Several Franchises Interested
  • Located 2.3 Miles (8 Minutes) from Torrance Beach
  • Hotel Has Large Storage Room that can be Converted to an Additional 8 Units

Exclusively Listed By

Broker of Record

  • Dawson Rinder

    Regional Manager

    (424) 405-3900

    License(s) CA: 02174053

    California

Financing By

Hotel-Motel

Flex Living Torrance

Listing Price: $15,000,000

Cap Rate
6.10%
Number of Rooms
94
RevPAR
$68
Gross SF
49,460
Price/Room
$159,574
Price/Gross SF
$303.28
Year Built
1962

Investment Highlights

  • CALL FOR OFFERS JANUARY 19TH
  • OWNER MUST SELL - SUBMIT ALL OFFERS
  • Prominent Frontage on Pacific Coast Highway - Over 35,000 Cars Traffic PCH per Day
  • Opportunity to Rebrand - Several Franchises Interested
  • Located 2.3 Miles (8 Minutes) from Torrance Beach
  • Hotel Has Large Storage Room that can be Converted to an Additional 8 Units

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale Flex Living in Torrance, California. This property is an ideal conversion opportunity for those looking to take advantage of the growing popularity of extended stay hotels. Currently, the property consists of 94 units, all equipped with kitchenettes and the potential to add an additional 8 units by renovating a large storage floor. Torrance is home to nearly 400 business headquarters and known for its strong presence in the aerospace and automotive industries. The city is well connected by major highways, including the I-405 and I-110 and the property is located directly off of Pacific Coast Highway.

Exclusively Listed By

Broker of Record

  • Dawson Rinder

    Regional Manager

    (424) 405-3900

    License(s): CA: 02174053

    California

Financing By

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