9247 Sepulveda Boulevard, North Hills, CA 91343
Business
Sold April 2023
Listing Agent: Richard Schulman (DRE #01427211) · Listing Office: KW Advisors · Contact: 310-482-2200 · Bought with: Arvind Patel · Everscope Financial Group, Inc. · MLS #22212819 · Source: CRMLS
About this business
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.
Listing description from the April 2023 sale, as reported to CRMLS.
Sale history