Technical
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Property profile

4563 Avenue Lancaster, CA 93536

OFF-MARKET
Hospitality properties
1.99 ac lot Built 1926
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Property summary

AI-generated overview

This exceptional 37-key hotel in Lancaster, CA presents a compelling investment opportunity. Located at 4563 W Ave M-4, this historic property, built in 1926 and renovated in 1988, sits on a spacious 1.99-acre lot. The property comprises four single-story buildings totaling 14,677 square feet. Currently generating $42,000 in monthly rent from month-to-month leases, there's significant potential to increase monthly income to $55,000 through effective management strategies. The property's location in Los Angeles County, zip code 93536, benefits from a growing population and strong median household incomes, promising a robust return on investment. The charming architecture and expansive lot offer considerable development potential. This is a rare chance to acquire a well-established hotel with substantial upside in a thriving California market. The asking price is $11,000,000. This property is offered as-is.

Property profile

Verified
Property type Hospitality properties
Year built 1926
Lot 1.99 ac (86,684 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex

Location

4563 Avenue Lancaster, CA 93536
Lancaster metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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