$2,819,540
$3,250,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Laguna Beach, CA 92651
5,472 SqFt
Key Details
Sold Price $2,819,540
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 5,472 sqft
Price per Sqft $515
MLS Listing ID CC291259
Sold Date 05/03/12
HOA Y/N No
Year Built 1946
Lot Size 5,009 Sqft
Acres 0.115
Property Description
Hotel seven4one is a one of a kind private hotel and event venue. Income is generated from weddings, social, and business events, parties, healthand wellness retreats, and vacation rentals. Business is operated on a variable cost model. Expenses are incurred only when revenue is generated.
Hotel Seven4one is an exclusive boutique hotel that has identified a niche in private and corporate event marketing. It is continually ranked in the top three of positive consume ratings on well known travel sites such as Trip Advisor, Yelp, Kayak, and Yahoo. Orange Coast Magazine rated Hotel Seven4one as
"Best Boutique Hotel of 2009". The property has been completely renovated throughout with a commercial kitchen and full bar. The property is in turn key condition and has signed
contracts through 2. Comments Title: Event Venue Hotel. Location:Retail Frontage.
Location
State CA
County Orange
Area Lv - Laguna Village
Interior
Fireplace No
Exterior
Carport Spaces 5
Total Parking Spaces 10
Building
Story 2
Others
Tax ID 64402302
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Bought with Steve Murillo • E Real Estate Corp.