The Liberow Group of Marcus & Millichap

Just Closed | 40 Room Hotel in Gardena | $9,200,000 Details: Price: $9,200,000... Price/SF: $390.82 Price/Room: $230,000 Built: 1989 Located in the city of Gardena just south of the 405 Freeway, Travelodge Inn & Suites is a 3 story hotel with approximately 23,540 square feet and 40 rooms. After years of running a successful hotel, the sellers had to make the difficult decision to sell their property given the circumstances of the hotel business this past year. Consequently, this resulted in a pricing gap between the buyer and seller, considering the inevitable trajectory of the hotel industry. Nonetheless, our team was thrilled to help both parties work through the obstacles during such unprecedented times; more importantly, we are grateful that this successful transaction will result in the creation of additional low income/ homeless housing, which will further benefit the struggling population affected by the pandemic. For more information on this sale or to see our current inventory, visit our website at www.TheLiberowGroup.com or give us a call at 818-212-2795. Sold By: Sam Liberow 818-212-2795 [email protected]

Just Closed | 49 Room Hotel in Los Angeles | $8,511,382 Details: Price: $8,511,382... Price/SF: $480.35 Price/Room: $173,701 Built: 1992 Situated on 14,038 square feet of land, Titta Inn is a 3 story corner lot hotel, located south of Pasadena just outside the city of Alhambra. Consisting of 49 bedrooms and 42 parking spaces, this hotel was a perfect match for our buyer looking to purchase a property for low-income housing in the area. Considering this hotel had been non-operational as a direct result of the pandemic, a transaction opportunity arose for both the buyer and seller. We are grateful to have represented the buyer for this off-market deal which will consequently create additional affordable housing for the surrounding communities that have been further impacted by Covid-19. For more information on this sale or to see our current inventory, visit our website at www.TheLiberowGroup.com. Sold By: Sam Liberow 818-212-2795 [email protected]

Happy Holidays & Happy New Year! Wishing you peace and prosperity this holiday season and throughout 2021. Happy Holidays and Happy New Year from our family to yours! Thank you for being a part of the family. We appreciate your friendship and business and look forward to supporting you in the next year.... Happy Holidays, The Liberow Family & The Liberow Group

Just Closed | 74 Room Assisted Living Facility in Arleta | $19,625,000 Details: Price: $19,625,000... Price/SF: $460.93 Price/Room: $265,203 Built: 1977 Property Description: Situated in Arleta California, this property is approximately 42,577 square feet, and consists of a total of 74 bedrooms, 60 parking spaces, and a variety of amenity rooms which includes a library. Property Perks: Formerly used as an assisted living facility, this property also happened to be vacant at the time of the transaction, providing the perfect opportunity for any buyer looking to add value. Our Role: We were fortunate to represent both parties for this transaction, as we successfully were able to locate 9120 Woodman Avenue for a buyer looking to acquire a unique and specific property that could easily be converted into permanent housing. Overcoming Challenges: Not only were we able to open and close escrow during a time of pandemic, we also managed to help navigate through environmental issues found on site, concluding with a successful outcome and both parties appreciative and pleased with their transaction! For more information on this sale or to see our current inventory, visit our website at www.TheLiberowGroup.com. Buyer & Seller Represented By: Sam Liberow 818-212-2795 [email protected]

200K Price Reduction | 4 Units in Hollywood Hills | Motivated Seller | Submit All Offers Details: Price: $2,090,000... CAP: 4.98% GRM: 14.28 Built: 1930 Located in a prime Hollywood area and overlooking the Hollywood sign, this property also happens to be the perfect opportunity to acquire a ‘value add’ apartment building! Built in the 1930’s, the unit mix consists of four large two-bedroom/one-bathroom apartments, all of which provide two separate entry points into the apartment. Furthermore, two of the vacant units are situated side by side, leaving the opportunity to easily be converted into one large unit. Tucked high above the hectic pace of the city life, this building offers the perfect peaceful living for tenants, which they can enjoy from their private balcony overlooking the City of Los Angeles. Conveniently, on-site amenities also include laundry within each unit, and four parking spaces at the back of the property. This asset truly is one of a kind and a great opportunity for any owner-user or investor! For more information on this sale or to see our current inventory, visit our website at www.TheLiberowGroup.com. Exclusively Listed By: Sam Liberow 818-212-2795 [email protected] Max Gersht 818-212-2664 [email protected]

Just Closed | 91 Room Hotel in Los Angeles Details: Price: $18,000,000... Price/SF: $486.38 Price/Room: $197,802 Built: 1960 Hotel Solaire is a charming 3-story Hotel located in the Westlake area, just north of Downtown Los Angeles. With approximately 37,008 square feet, this property consists of 91 individual rooms along with convenient amenities which include a swimming pool, EV car charging stations, and a community room. Despite the state of inoccupancy that hotels found themselves in shortly after the onset of the pandemic, Hotel Solaire was fortunate to be leased out by the City of Los Angeles to be used for homeless housing. Nevertheless, due to the uncertainty that the pandemic regrettably brought on for the Hotel business, we were able to help the seller structure a deal off-market with a unique buyer, which will result in this property being converted into permanent housing. We were thrilled to help both parties navigate through the process, once again resulting in a successful transaction in a challenging time. For more information on this sale or to see our current inventory, visit our website at www.TheLiberowGroup.com. Sold By: Sam Liberow 818-212-2795 [email protected]