Remodeled Motel Off Historic Route
For Sale
Contact for pricing
Pending
2097 - 2131 E Colorado Blvd, Pasadena, CA 91107
Hotel property with 27 rooms and an office remodel completed in 2014, plus two ADA rooms.
Property SizeContact for details
Days on Market148
Property Features for 2097 - 2131 E Colorado Blvd
General Information
Standard status
Pending
Property subtype
Hospitality
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Renovated
2015
Listing Agency:
Coldwell Banker Dynasty Arcadia
Listed By:
Henry Liu · License #CA 013782889
(626) 566-2221
Source:
Crexi
Added: Apr 10
Changed: Sep 3
Last Checked: Sep 4 at 10:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Dynasty Arcadia
Investment Insights
Based on property information with market context.
This hotel/motel property includes 27 rooms and an office that was remodeled in 2014. The 27 rooms reopened in August 2014, and the remodel work is described as costing more than $200,000. A second phase includes remodeling of 53 additional rooms between February and May 2015, with reopening in June 2015; that remodel is described as costing more than $800,000. The property also includes two ADA rooms. Each accommodation is noted as having a private bathroom and a flat-screen TV, with a 24-hour front desk and on-site shops. Free WiFi is also referenced in the remarks.
The property fronts Historic Route 66 and is described as 0.8 miles from I-210. The remarks also place it 1.6 miles from the Huntington Library, Art Collections, and Botanical Gardens, and within 2 miles of the California Institute of Technology. Additional nearby context in the remarks includes easy access to the City of Los Angeles and proximity to restaurants and attractions.
The property fronts Historic Route 66 and is described as 0.8 miles from I-210. The remarks also place it 1.6 miles from the Huntington Library, Art Collections, and Botanical Gardens, and within 2 miles of the California Institute of Technology. Additional nearby context in the remarks includes easy access to the City of Los Angeles and proximity to restaurants and attractions.
Key Highlights
- 27‑room hotel property with two ADA rooms
- Office remodeled from April to July 2014; remodel cost exceeded $200,000
- 27 rooms reopened in August 2014 after the 2014 remodel
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,556
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91107, CA
33,729
Population
14,137
Households
2.4
Avg Household Size
43
Median Age
59%
College-Educated
93%
High-School Grad
8.5 sq mi
ZIP Area
3,968
Density / Sq Mi
$124,880
Median Household Income
$62,250
Median Earnings
$2,311
Median Rent
$1,106,600
Median Home Value
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Similar Off Market Nearby
- Oswego Villas — 2454 Oswego St, Pasadena, CA 91107
- Ramada by Wyndham Pasadena — 2156 E Colorado Blvd, Pasadena, CA 91107
- Hyland Inn near Pasadena Civic Center — 2462 E Colorado Blvd, Pasadena, CA 91107
- Astro Pasadena Hotel — 2818 E Colorado Blvd, Pasadena, CA 91107
- La Casa Inn Pasadena — 2800 E Colorado Blvd, Pasadena, CA 91107
Frequently Asked Questions
What type of property is this?
Motel - Hotel property with 27 rooms and an office remodel completed in 2014, plus two ADA rooms.
Where is this motel located?
The property is located at 2097 - 2131 E Colorado Blvd Pasadena, CA.
What are key features of this property?
This property features: 27‑room hotel property with two ADA rooms; Office remodeled from April to July 2014; remodel cost exceeded $200,000; 27 rooms reopened in August 2014 after the 2014 remodel
