20128 Roscoe Blvd, Canoga Park, CA 91306

58 Room Hotel | Canoga Park, CA 91306 | $10,000,000 ($172,414/Room)

Asking Price $10,000,000

Property Type: Hospitality
Square Feet: 28,306 SF

Listing Contacts

Robert Feist

Verified Profile

Property Info

Property Overview

Atlas Hospitality Group is proud to present the Paradise Lodge Canoga Park with 58 guestrooms, spread across a “C-Shaped” exterior corridor building for the first time on market. The property has a pool area space and the potential to easily add a large manager’s/owner space. There is an existing one bedroom and two bath manager's unit.
The subject is minutes from major income generators and benefits from limited competition.
Guestroom features include one & two bed configurations, flat-screen televisions, microwaves, mini-refrigerators, free wireless internet access, workstations with desk and chair and alarm clocks. Heating and cooling in the rooms are provided by individual PTAC units.

Property Details

Class: C
Year Built: 1990
Stories: 3
Property Subtype: Hotel
Lot Size (sq. ft): 29,185 SF
Units: 58

Highlights

Minutes from Warner Center, Woodland Hills and Downtown Los Angeles
Current Market Trend Report shows significant upside in RevPAR potential
Limited Area Competition
Branding Opportunities

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