Building Details

Year built 1929

Floors in Building 1

Listing Agency: Seffi Toneman, Broker

Listed By: Seffi Toneman · License #01878066 Show Phone

Added: Jul 27 Changed: Oct 1 Last Checked: Oct 9 at 6:06AM

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MLS# 26005918

Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1929, this 9,191-square-foot hospitality property combines lodging, dining, entertainment, and residential uses across four parcels. Improvements include a restaurant and bar, seven themed guest rooms, a private third-floor penthouse residence, three separate parking lots, a leased commercial building, and an occupied three-unit apartment complex. Propane heating and wall/window unit cooling serve the property, with propane listed among the utilities.

The property is located in Lake Hughes within Los Angeles County and is zoned LA County CRU. Its setting provides access to nearby outdoor recreation, including the Angeles National Forest and Pacific Crest Trail. The operating restaurant business and full liquor license are available under separate terms, allowing the real estate and business components to be considered independently.

Key Highlights

• 9,191‑square‑foot hospitality property spanning four parcels
• Restaurant and bar with seven themed guest rooms
• Private third‑floor penthouse residence included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$57,300

Cap Rate

3.82%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,146,000 $1.1M

Cap Rate 7%

$818,571 $818.6K

Cap Rate 9%

$636,667 $636.7K

Market Conditions

NOI Build-Up for 9,191 SF

Gross rent

$137.9K $15.00/SF

− Vacancy

−$17.2K −$1.88/SF

EGI

$120.6K $13.13/SF

− OpEx

−$63.3K −$6.89/SF

NOI

$57.3K $6.23/SF

Area

Los Angeles County, CA

Vacancy

12.50%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

52.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,146,000

Cap Rate 7%

$818,571

Cap Rate 9%

$636,667

Alternative Uses

Best Use

Specialty Retail

$3.11M

$2.72M – $3.63M (±1% cap)

NOI $217,872 @ 7.0% cap · market cap 14.53%

Second Best

Multifamily LT 5

$2.29M

$2.01M – $2.68M (±1% cap)

NOI $160,508 @ 7.0% cap · market cap 10.71%

Theoretical Best

Office A

$4.92M

$4.31M – $5.74M (±1% cap)

NOI $344,458 @ 7.0% cap · market cap 22.98%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Hotels

Suggested Use

Top Pick Building Supply Auto Parts Store Garden Center Wine and Liquor Store Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

30

Businesses Nearby

Explore this area Business Placement

Demographics for 93532, CA

2,373

Population

1,174

Households

2

Avg Household Size

44

Median Age

23%

College-Educated

92%

High-School Grad

122.0 sq mi

ZIP Area

19

Density / Sq Mi

$99,432

Median Household Income

$54,159

Median Earnings

$1,700

Median Rent

$410,000

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this hotels located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Hotel - Mixed-use lodging and entertainment property with restaurant, bar, residential, and leased commercial components.

Where is this hotel located?

The property is located at 17539 Elizabeth Lake Road Lake Hughes, CA.

What is the asking price?

The asking price for this property is $1,499,000.

What are key features of this property?

This property features: 9,191‑square‑foot hospitality property spanning four parcels; Restaurant and bar with seven themed guest rooms; Private third‑floor penthouse residence included