For Sale
$18,000,000

10001 Los Angeles AveMoorpark, CA 93021

Prime LA Hotel Project: JV or Sale

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents two fully permitted and entitled hotel development projects in the vibrant Los Angeles area, specifically located at 10001 Los Angeles Ave, Moorpark, CA 93021, within Ventura County. The projects, envisioned as Marriott and Radisson branded hotels, offer a combined potential of 120 keys. Situated at 34.2755701 latitude and -118.9271744 longitude, this prime location provides excellent access to the thriving Los Angeles market. The asking price for this significant undertaking is $18,000,000. This represents a unique chance to acquire a substantial hospitality asset with all necessary approvals already in place, significantly reducing development timelines and associated risks. The projects are offered for a joint venture partnership or an outright sale, providing flexibility for various investment strategies. Detailed plans and specifications are available upon request. This is an unparalleled opportunity to capitalize on the strong demand for hotel accommodations in the Los Angeles region. The existing entitlements and permits streamline the development process, minimizing potential delays and maximizing return on investment. Serious inquiries only. All information provided is deemed reliable but not guaranteed and should be independently verified.

Highlights

  • Two fully permitted hotel development projects in Moorpark, CA, near Los Angeles.
  • 120 total keys, envisioned as Marriott and Radisson branded hotels.
  • Asking price: $18,000,000.
  • Located at 10001 Los Angeles Ave, Moorpark, CA 93021.
  • Offered for joint venture or outright sale.

Property Details for 10001 Los Angeles Ave

Property type
Hospitality properties, Hotels

Location Insight

City
Moorpark
County
Ventura
State
California
Latitude
34.2755701
Longitude
-118.9271744
10001 Los Angeles Ave, Moorpark, California

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10001 Los Angeles Ave
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